The Frugal Guide To Living Like A Grown-Up: Hungry for DRIPS

Saturday, October 25, 2014

Hungry for DRIPS

My Monthly Dividend Payout (1 quarterly) at a online brokerage is feeding me in DRIPS. I'm hungry for the free dividend reinvestment plan (DRIPs)!

What is DRIP?
Dividend Reinvestment Plan
A plan offered by a corporation that allows investors to reinvest their cash dividends (for free) by purchasing additional shares or fractional shares of stock.

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