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

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

Quizplus · Accepted Answer

Dividend reinvestment plans allow stockholders to automatically use their dividend payments to purchase additional shares of stock, thereby increasing their ownership in the company.

Dividend Reinvestment Plans Provide the Stockholder an Opportunity to Buy