dividend with reinvestment option

dividend with reinvestment option
A DRIP generates the distribution of a right which allows holders to exchange cash that they decide to reinvest for example shares that the company (or its agent) must acquire on the market.

Euroclear glossary. 2008.

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  • dividend reinvestment plan — ( DRP) Plan which provides for automatic reinvestment of shareholder dividends in more shares of a company s stock, often without commissions. Some plans provide for the purchase of additional shares at a discount to market price. dividend… …   Financial and business terms

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  • dividend reinvestment plan — Also dividend with reinvestment option A DRIP generates the distribution of a right which allows holders to exchange cash that they decide to reinvest for example shares that the company (or its agent) must acquire on the market …   Euroclear glossary

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