DRIP (Dividend Reinvestment Plan) — A programme that automatically uses dividend payments to purchase additional shares of the same stock — often at no commission.
Not a metric IndexAlpha tracks per stock — most US brokers offer DRIPs as account-level settings. Mentioned here because the dividend page links to a stock's investor-relations DRIP information when applicable.
A programme that automatically uses dividend payments to purchase additional shares of the same stock — often at no commission.
Not a metric IndexAlpha tracks per stock — most US brokers offer DRIPs as account-level settings. Mentioned here because the dividend page links to a stock's investor-relations DRIP information when applicable.