A long-term investment technique that allows investors the option to reinvest cash dividends to purchase stock of the corporation is called:

Name: A long-term investment technique that allows investors the option to reinvest cash dividends to purchase stock of the corporation is called:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A dividend reinvestment plan (DRIP) allows investors to reinvest their cash dividends into additional shares or fractional shares of the underlying stock on the dividend payment date.

A Long-Term Investment Technique That Allows Investors the Option to Reinvest