DRIPs allow shareholders to purchase additional shares automatically with all or part of the investor's dividends.

Question

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DRIPs (Dividend Reinvestment Plans) allow shareholders to reinvest their dividends back into the company by automatically purchasing additional shares, usually at a discount or with no commission fees. This is done without the investor having to take any action, as the process is handled by the company or a third-party administrator.

DRIPs Allow Shareholders to Purchase Additional Shares Automatically with All