What is Dividend Re-Investment Option?

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2.76K viewsJanuary 8, 2019Investing in Mutual Fund

Hello Investor 10 January 8, 2019 0 Comments

A dividend reinvestment plan (DRIP) is an equity investment option offered directly from the underlying company. The investor does not receive dividends directly as cash; instead, the investor’s dividends are directly reinvested in the underlying equity. (The investor must still pay tax annually on his or her dividend income, whether it is received or reinvested.)

Hello Investor Changed status to publish January 8, 2019

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What is Dividend Re-Investment Option?

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