Stock DRIP List

Video Transcript

"Did you ever wonder what to do with your dividends or what that piece of paper that you get every quarter really means? Hi this is Roger Groh at Groh Asset. Companies sometimes give you the opportunity to automatically reinvest your dividends into common stock in that business. Those plans traditionally are referred to as drips. The question is, where can you get a list of companies that give you the option to actually take your dividends and reinvest in their stock? The easiest thing to do is to go on Google, type in drip, D R I P plans and up will come a number of websites that lists businesses, public companies, which offer drips. From there, once you've identified the company that you are considering putting your money back into, call them and be sure that the data shown on the website is correct. After all, this is your money and you want to be very sure that what you're putting your money into is really where it's going. I hope that helps and good look dripping away. My name is Roger Groh and thank you very much for spending time with me."