Results for "Dividend Reinvestment Plans"
![Thumbnail for The Basics of Dividend Reinvestment Plans: How To Compound Your Wealth](https://www.canadianmoneysaver.ca/img/1383_320_186_preview.jpg)
A dividend reinvestment plan, or DRIP, is an investment program designed to slowly compound your shares in a chosen company. It works by automatically reinvesting your incoming cash dividends towards the purchase of additional shares. This allows you to slowly compound your dividend returns, drop by drop.