Loose Leaf for Foundations of Financial Management Format: Loose-leaf
Loose Leaf for Foundations of Financial Management Format: Loose-leaf
17th Edition
ISBN: 9781260464924
Author: BLOCK
Publisher: Mcgraw Hill Publishers
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Chapter 18, Problem 11DQ
Summary Introduction

To explain:The advantages provided by dividend reinvestment plans to the company and shareholders.

Introduction:

Dividend Reinvestment Plan (DRIP):

A program offered by the underlying company that lets its shareholders reinvest their cash dividend into additional shares is termed as DRIP. The quarterly dividend of investors is directly reinvested in that company’s underlying equity shares.

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What are dividend reinvestment plans?
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