DRIP (Dividend Reinvestment Plan)
InvestingA program that automatically reinvests cash dividends into additional shares of the company's stock.
Example
Example: Consider an investor building a $100,000 portfolio. DRIP (Dividend Reinvestment Plan) — a program that automatically reinvests cash dividends into additional shares of the — directly affects investment strategy and long-term returns. Getting this concept right can mean tens of thousands of dollars in difference over a 20-year period. Model your portfolio with our investment calculator.