DRIPS STOCKS
DRIPS STOCKS
DIVIDEND STOCKS are DRIPS?
Hello,
I heard some people talking about something called DRIPS. Are this the same as Dividend Stocks? Where can I buy them?
Thanks,
DRIP, or Dividend reinvestment program is offered by many well-established, dividend-paying companies. Under this program, instead of getting a cash dividend, you get equivalent number of shares without paying a commission.
For example, if the dividend were $0.50 per share, and you had 100 shares, you would receive $50 in dividend. If the stock were trading at $25, this dividend will be equivalent to 50/25= 2 shares. Under a DRIP, you will get 2 shares (instead of $50), and you will now have 102 shares. At the time of next dividend, you will be paid on 102 shares. Magical, isn't it?
DRIPs are great if you want to hold a stock for the long term, and I think it is better than compound interest. You need to own at least one share to be eligible for a DRIP, and you will have to call your broker to register for it.
You will need to keep a record of all the dividends and corresponding shares you receive so that you can calculate the cost base in case you decide to sell the stock. Most companies issue this information on an annual basis.
 |
Cuisinart 12 pc MultiClad Pro Stainless Cookware Set | US $179.99 | 17m |
 |
BLACK LATEX RUBBER MINI DRESS MEDIUM 12 14 NEW 2ND HEN PARTY SKIRT | US $14.24 | 29m |
 |
UK SHOCKER BLACK RUBBER LATEX HOOD MASK NEW 2ND EYES MOUTH CUT OUT | US $3.56 | 37m |
 |
UK WRESTLER BLACK RUBBER LATEX HOOD MASK NEW 2ND EYES MOUTH CUT OUT medium | US $3.56 | 40m |
 |
Uc RED EXTRA LARGE RUBBER LATEX PANTS VALENTINES DAY NEW 2ND | US $3.63 | 2h 13m |
 |
BLACK LATEX RUBBER MINI DRESS SMALL UK 10 NEW 2ND HEN PARTY SKIRT | US $9.49 | 2h 13m |
 |
3 TIER INDOOR OUTDOOR PLANT STAND DECORATIVE GARDEN YARD PATIO FLOWER PLANTER | US $16.99 | 3h 14m |
 |
Monster Vampire Alucard Hellsing Art Print 11 x 14 Unchained | US $20.00 | 4h 53m |
 |
Monster Vampire Alucard Hellsing Art Print 8 x 10 Unchained | US $10.00 | 4h 57m |
 |
Triumph Bonneville 1969 Triumph Bonneville Bobber | US $4,500.00 | 5h |
 |
Stuff4Wine Winged Corkscrew Package 2 w Crown Topper Pour spouts Cutter | US $19.49 | 5h 37m |
 |
Cecilware S Series S 3 Stainless Steel 3 Gallon Iced Tea Dispenser | US $39.00 | 8h 8m |
 |
HP AU731AA Wireless Multimedia Keyboard Mouse Combo | US $30.90 | 8h 53m |
 |
Soap Dispensing Palm Brush Dish Wash Washing Clean Scrub Pots Pans Dish w Cover | US $19.95 | 9h 22m |
 |
One Dozen Patrician Hand Dipped 18 Tapers Candles Rosewood New Old Stock | US $19.99 | 16h 51m |
 |
One Dozen Patrician Hand Dipped 10 Tapers Candles Banana New Old Stock | US $16.99 | 16h 52m |
 |
One Dozen Patrician Hand Dipped 15 Tapers Candles Loganberry New Old Stock | US $16.99 | 16h 56m |
 |
One Dozen Patrician Hand Dipped 15 Tapers Candles Teal New Old Stock | US $16.99 | 16h 57m |
 |
GB MADE BLACK RUBBER LATEX CONDOM SHEATH NEW 2ND | US $2.68 | 17h 32m |
 |
UK XL BLACK RUBBER LATEX HOOD MASK NEW 2ND EYES MOUTH CUTOUT | US $4.26 | 17h 53m |
 |
1954 Willys Jeep M170 Ambulance | US $5,100.00 | 22h 14m |
 |
New Old Stock Saint Louis Cardinals DecalBaseballReusable | US $3.55 | 1d 13h 55m |
 |
SZ 16 SEXY LOVE HEART BURLESQUE FUNKY PARTY TOP NEW USA IMPORT JEWELLERY GIFT | US $1.07 | 1d 16h 50m |
 |
REPRODUCTION RACING POSTER 1967 ELKHART LAKE JUNE SPRINTS | US $9.99 | 2d 7h 37m |
 |
OPERA NEWS January 20 1958 Cover LA FORZA DEL DESTINO Volume 22 Number 12 | US $9.99 | 2d 7h 48m |
 |
MARIAGRAZIA PANIZZI ULTRA CHIC BOUTIQUE DESIGN LINES HOODIE JACKET TOP 44 US 7 8 | US $25.95 | 2d 8h 38m |
 |
ANNE FONTAINE MADE IN FRANCE JACKSON FRAYED BLOUSE 4 LG | US $114.95 | 2d 8h 38m |
 |
ANNE FONTAINE MADE IN FRANCE KATARINA BLOUSE SZ 4 LG | US $114.95 | 2d 8h 38m |
 |
ANNE FONTAINE MADE IN FRANCE LARA RUFFLE TIES BLOUSE XLG | US $74.95 | 2d 8h 39m |
 |
Kats CLASSIC FEMME LUSCIOUS LADY VELVET DREAM DOLL 46 48 BUST CROSSDRESSER 18W | US $9.99 | 2d 8h 48m |
 |
Kats VINTAGE PEACHY PINK PIZZAZZ to 42BUST CROSSDRESSER | US $9.99 | 2d 8h 52m |
 |
Simple Stylish Pin Handled Tap Set Watermarked Aus Standards Approved | US $85.37 | 2d 16h 43m |
 |
Buying Stocks Without a Broker by Charles B Carlson 1996 Paperback | US $2.99 | 2d 20h 1m |
 |
VINTAGE COCA COLA NO DRIP SERVING COKE AT HOME | US $5.99 | 18h 41m |
 |
30 Gallon Oil Waste Drain Tank Pan Auto Garage Lift w Telescoping Metal Funnel | US $278.99 | 3d 6h 46m |
 |
TREMORS 1 2 3 4 COLLECTION 2 DVD SET NEW | US $9.77 | 3d 7h 26m |
 |
Kats SALE GLISTENING LAYERED LACE PARTY PRINCESS 36 40 BUST CROSSDRESSER 14P | US $9.99 | 3d 7h 45m |
 |
KitchenAid KFGU766VSS 36 Stainless Steel Gas Cooktop Architecht II Series | US $1,395.00 | 26d 17h 32m |
 |
HUMMEL Concerto in E Flat Major for Trumpet Piano 1959 for Trumpet in B flat | US $10.99 | 2d 6h 33m |
 |
Painters Nib Files Set Remove Paint Runs Drips Sags | US $55.94 | 3d 22h 11m |
 |
Destiny by Gloria Estefan CD 1996 NEW | US $4.99 | 3d 22h 52m |
 |
Dream by Jimmy Scott Jazz CD 1994 | US $4.99 | 3d 22h 55m |
 |
SECOND 1 VEGETABLE SERVING BOWL CANONSBURG POTTERY TEMPORAMA | US $29.99 | 3d 23h 49m |
 |
FIRST 1 VEGETABLE SERVING BOWL CANONSBURG POTTERY TEMPORAMA | US $29.99 | 3d 23h 49m |
 |
BLEEDING SKELETON GRUESOME ADULT COSTUME MARDI GRAS | US $24.99 | 3d 23h 59m |
 |
CMATMods Super Signa Drive AUTH DLR W FREE GIFT | US $169.00 | 23d 22h 32m |
 |
2010 SDCC THE HOUSE THAT DRIPS BLOOD ON ALEX PROMO CARD | US $5.99 | 4d 2h 39m |
 |
2010 SDCC COMIC CON ATOM PLAYING CARD SET HOUSE ALEX | US $7.99 | 4d 2h 39m |
 |
Set of 4 Kevin Tetz Paintucation Series DVD | US $165.94 | 4d 2h 46m |
 |
NEW Restoration Hardware Set of 2 Color Drip 9 1 2 Tall Taper Candles | US $7.99 | 4d 4h 43m |
 |
NIB Glass Watering Sphere Globe water plants up to 10 days Mouthblown color art | US $2.99 | 4d 7h 14m |
 |
Kats SULTRY STACKED KNIT KNOCK OUT 36 46 BUST CROSSDRESSER Lightweight knit | US $13.99 | 4d 7h 25m |
 |
Eye Fry 2010 TRPS Festival of Rock Posters San Francisco Chuck Sperry Firehouse | US $199.99 | 4d 9h 43m |
 |
CD 102 BROOKFIELD NEW YORK sharp drip points 2 stones | US $7.95 | 4d 11h 17m |
 |
Oldsmobile 1991 Oldsmobile Custom Cruiser rebuilt trans new Chevy 350 vortec heads | US $3,500.00 | 4d 17h 27m |
 |
MAKE ROOT BEER Complete Deluxe Soda Pop Making Kit No Reserve FREE SHIPPING | US $15.09 | 5d 38m |
 |
Park Tool Bike Bicycle CM 5 Cyclone Chain Scrubber Cleaner Tool | US $20.97 | 6d 23h 52m |
 |
DSM 4G63 Powdercoated Valve Cover Eclipse Talon Turbo | US $160.00 | 18d 2h 47m |
 |
TREMORS ATTACK PACK 1 2 3 4 New Sealed DVD All 4 Films | US $9.77 | 14d 20h 42m |
 |
ANNE FONTAINE MADE IN FRANCE LIVERPOOL STRETCH TOP 38 XSM SM | US $54.95 | 5d 8h 39m |