Bank of America Corp (NYSE:BAC)
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One of the country’s largest banks by assets and branches, Bank of America also provides credit cards, asset management, and other money-related services.
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One of the country’s largest banks by assets and branches, Bank of America also provides credit cards, asset management, and other money-related services.
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GREAT DIVIDEND RECORD, USE DRIP METHOD AND WATCH IT GROW.
Can you please tell me what the DRIP method is?
DRIP is merely dividend reinvestment. In other words, if you own, in your own name, at least one share of stock and the company has a dividend reinvestment plan then you can buy stock directly from the company without broker fees and all your dividends can be reinvested immediately without fee even in fractional amounts. Thus you are compounding your growth in the stock. Jim