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Dividend reinvestment plans (DRIPs) are in place at many large corporations. DRIPs allow stockholders to have their dividends automatically reinvested in the company's stock. Stockholders
Dividend reinvestment plans (DRIPs) are in place at many large corporations. DRIPs allow stockholders to have their dividends automatically reinvested in the company's stock. Stockholders avoid brokerage commissions by participating in DRIPs, and at times the firm sells the stock to plan participants at a light (3-5%) discount from the current market price. What clientele do you think might find this feature attractive?
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