Cash Dividend vs. DRIP
A useful tip: when you start buying a position in a dividend stock, notify your broker that you would like to receive a cash dividend. Do so, that is, if you would prefer your dividend in cash, rather than have it reinvested into more shares of stock. Many people do not realize until later, that the company whose stock they purchased has adopted an ”opt-out” dividend reinvestment plan which …
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Cash Dividend vs. DRIP
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