Dividend Reinvestment Plan (DRP)
Definition: [crh] Plan which provides for automatic reinvestment of shareholder dividends in more Definition: >shares of a company's stock, often without commissions. Some plans provide for the purchase of additional shaDefinition: res at a discount to market price. Dividend reinvestment plans allow shareholders to accumulate stock over the long term using dollar cost averaging. The DRP is usually administered by thDefinition: e company without charges to the holder.
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