reinvestment plan

Reinvestment Plan

A practice or agreement in which dividends on a security are used to buy more of the same security, rather than disbursed to the investor in cash. A reinvestment plan is relatively common in mutual funds; investors agree to use dividends and other capital gains to reinvest in more shares of the mutual fund. While this involves assuming more risk in the mutual fund, it carries the possibility of higher returns.

reinvestment plan

References in periodicals archive ?
Effective February 1, 2018 Chorus implemented a Dividend Reinvestment Plan ('DRIP') that allows Chorus to offer a discount of up to 5% from the average market price for shares purchased under the DRIP.
The Company also offers a Dividend Reinvestment Plan (the 'Plan'), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees.
Barrick also announced the elimination of the discount under its dividend reinvestment plan (the "Plan"), effective August 12, 2019.
In addition, the company said it maintains a "Dividend Reinvestment Plan" (DRIP) that provides for the automatic reinvestment of distributions for its stockholders, unless they elected to receive cash.
ADT announced that its stockholders will have an opportunity to participate in its Dividend Reinvestment Plan. The company has adopted the Plan to provide stockholders of record on the applicable record date with the opportunity to designate all or a portion of the cash dividends they are entitled to receive on their shares of common stock for reinvestment in additional shares of the company's common stock.
In addition, the company provides a Dividend Reinvestment Plan that is eligible to holders of common shares.
It offers a Dividend Reinvestment Plan (the "Plan"), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees.
In its full-year report for the 2016/2017 financial year the company said it had communicated that the board of directors intended to investigate the possibility of offering all shareholders an opportunity to reinvest the dividend received in newly issued H&M shares, in what is known as a Dividend Reinvestment Plan (DRIP).
The company has announced a finance offering to raise USD1bn from the sale of 100,000,000 shares of its common stock at USD10.00 per share, and up to an additional 25,000,000 shares of common stock under a distribution reinvestment plan at USD9.50 per share.
The reinvestment plan, similar to those in place in about a dozen states, would yield valuable research data and solutions for North Carolina, where correctional spending has doubled since 2000.
Investors are reminded that the Bank of Cyprus Dividend Reinvestment Plan is in force.
(formerly known as Grubb & Ellis Healthcare REIT, Inc.) and Realty Capital Securities, LLC announced that RCS, member FINRA/SIPC, will be assuming exclusive dealer manager responsibilities for the company's initial public offering of up to $2.2 billion in shares of its common stock, including $2.0 billion in shares offered at $10.00 per share in the primary offering and $200 million in shares offered at $9.50 per share pursuant to the distribution reinvestment plan.