Dividend Reinvestment Plans (DRIP)s |
PR: 5
| SEC.gov http://sec.gov/answers/drip.htm Direct Investment Plans: Buying Stock Directly from the Company - Many companies allow you to buy or sell shares directly through a direct stock plan (DSP). You can also have the cash dividends you receive from the company automatically reinvested into more shares through a dividend reinvestment plan (DRIP). |
PR: 4
| Wall-Street.com http://www.wall-street.com/direct.html What is the difference between a Direct Purchase Plan (DPP) and a Dividend Reinvestment Plan (DRIP)? Both are no-load stocks and in both cases the individual investor can buy stock directly from the company without going through a broker. However, to buy a DRIP, you need to already own stock to reinvest your dividend as more stock. With a DPP, you can be a first-time buyer. |
PR: 4
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