Dividend reinvestment plans (DRPs) should be avoided because of their relatively high cost.

Name: Dividend reinvestment plans (DRPs) should be avoided because of their relatively high cost.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

DRPs are not necessarily high cost and can be a cost-effective way for investors to accumulate more shares in a company over time without incurring transaction fees. However, it is important for investors to carefully review the fees associated with a specific DRP before participating.

Dividend Reinvestment Plans (DRPs) Should Be Avoided Because of Their