Dividend Reinvestment Plans
Dividend reinvestment plans (DRIPs) permit shareholders to automatically reinvest cash in the company. Please put answers in a paragraph format.
1) What are the advantages Motley Fool lists for DRIPs?
2) What are the different types of DRIPs?
3) What is a direct purchase plan?
4) How does a direct purchase plan differ from a DRIP?