Dividend reinvestment plans provide the shareholder an opportunity to buy additional shares of stock with the cash dividend paid by the company.

Name: Dividend reinvestment plans provide the shareholder an opportunity to buy additional shares of stock with the cash dividend paid by the company.
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Question

Quizplus · Accepted Answer

Dividend reinvestment plans (DRIPs) allow shareholders to automatically reinvest their cash dividends into additional shares of the company's stock, often at a discounted price.

Dividend Reinvestment Plans Provide the Shareholder an Opportunity to Buy