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What does DRP stand for?

Dividend Reinvestment Plan......


How do you claim a mutual funds dividend reinvest book shrs?

To claim a mutual fund's dividend reinvestment, you typically need to enroll in the fund's dividend reinvestment plan (DRIP). This allows you to automatically reinvest any dividends you receive into buying more shares of the mutual fund. Contact your fund provider or look for information on their website to enroll in the DRIP.


What does DRIP investing mean?

DRIP (Dividend Reinvestment Plan) investing means buying shares without paying commission or at a discount compared to the current price of the share.


What companies offer the 801k plan?

801(k ) plans allow you to buy company stock directly from the corporation, a glorified dividend reinvestment plan (DRIP). More than half of the S&P 500 offer these plans, as do many other companies.


Where can I find a calculator to calculate the gains from a dividend reinvestment plan?

Yes whatever website your stock finance is at should have a calculator to find out, or estimate what that stock should be in the next ten years. If you can find it there then it should be on a stock website.


Is it possible to purchase stock directly from a company?

Yes, it is possible to purchase stock directly from a company through a direct stock purchase plan (DSPP) or a dividend reinvestment plan (DRIP). These plans allow investors to buy shares of a company's stock without going through a broker.


How does an 801k plan work?

It's just a glorified way of calling a dividend reinvestment plan (DRIP). They've been around for a long time. The trick is finding the right investments that return double that of a 401k, hence the term "801k" (for which there is no IRS code named after it). To read more about the 801K, visit the Related Link.


What is an advantage of a dividend reinvestment plan to an investor who wants to own more of a companys stock?

A dividend reinvestment plan (DRIP) allows investors to automatically reinvest their dividends into additional shares of the company's stock, often without paying commission fees. This approach not only increases the number of shares owned over time, but it can also take advantage of compound growth, as reinvested dividends can generate additional dividends in the future. Furthermore, DRIPs often allow investors to purchase shares at a discount or at market price without incurring transaction costs, making it a cost-effective way to build a larger position in the company.


What is the stimulus package that President Obama signed called?

American Recovery and Reinvestment Plan.


What would be the total shareholders return if all the investors of a company are using the Dividend ReInvestment Plan -meaning that they don't get their dividends in cash but in new shares?

Dividend Re-Investment is available only for Mutual funds not stocks. The number of stocks outstanding for any company would remain the same until and unless the company declares bonus shares or announces a stock split. Otherwise the no. of shares remains the same. Stock holders cannot ask for dividend re-investment. They can only expect cash payments of dividends.


How does a US 801 k plan works?

Create an investment account at reputable brokerage ( Fidelity, Charles Schwab, E-Trade etc.). start buying companies that give dividends ( look for ones that have yields of 3.5 % or more). Sign up for Dividend Reinvestment or DRIP. Your returns on average will be better than regular IRA's or 401(k) without DRIP. That is it.


How do you use business plan in a sentence?

I need to write a business plan to show the bank how the business will operate.