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  3. Study Set
    Principles of Managerial Finance
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    Exam 14: Payout Policy
  5. Question
    Dividend Reinvestment Plans (DRIPs) Enable Stockholders to Use Dividends Received
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Dividend Reinvestment Plans (DRIPs) Enable Stockholders to Use Dividends Received

Question 70

Question 70

True/False

Dividend reinvestment plans (DRIPs) enable stockholders to use dividends received on a firm's stock to acquire additional shares-even fractional shares-at little or no transaction (brokerage) cost.

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