Dividend Reinvestment Plan (DRIP)

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Definition of “Dividend Reinvestment Plan (DRIP)” :

A Dividend Reinvestment Plan (DRIP) is an investment strategy where the dividends paid out by a company are reinvested to purchase more shares in the same company. This allows investors in South Africa to compound their investment over time without having to pay brokerage fees on the reinvested dividends.

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