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Daily Archives: March 14, 2019

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What are DRIPs?

Blog, Economy/Stock Market, Investment SelectionBy Editorial TeamMarch 14, 2019

A DRIP automatically reinvests your shareholder dividends in more shares of the same company’s stock. When you are due a dividend, you are issued more shares of stock instead of a cash dividend payment. In some cases, the issuing company will cover the broker’s fees and may even provide the additional shares at a discounted…

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