Drip

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DRIP. The right of drip is an easement by which the water which falls on one house is allowed to fall upon the land of another.
     2. Unless the owner has acquired the right by grant or prescription, he has no right so to construct his house as to let the water drip over his neighbor's land. 1 Roll. Ab. 107. Vide Rain water; Stillicidium; and 3 Kent, Com. 436; Dig. 43, 23, 4 et 6; 11 Ad. & Ell. 40; S. C. 39 E. C. L. R. 21.

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Because dividend policy and dividend reinvestment plans are part of financial policy, the implication is that implementing a DRP will not affect firm value under these conditions.
In addition, the company also offers a Dividend Reinvestment Plan that is eligible to common stock shareholders.
Shareholders who wish to enroll for the first time in the enhanced Dividend Reinvestment Plan must do so prior to the July 19, 2017 ex-dividend date if they wish to participate in the Plan for this months dividend.
At the time of its IPO in February, 2007, Triangle adopted a dividend reinvestment plan (DRIP) that provides for reinvestment of dividends on behalf of its shareholders, unless a shareholder elects to receive cash.
The company also offers a Dividend Reinvestment Plan, enabling holders of common shares to purchase additional common shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees.
Further, shareholders desiring to enrol for the first time in the enhanced Dividend Reinvestment Plan must do so before 18 August if they wish to participate in the Plan for this month's dividend.
Shareholders who wish to enroll for the first time in the enhanced Dividend Reinvestment Plan must do so prior to the June 20, 2017 ex-dividend date if they wish to participate in the Plan for this months dividend.
Shares purchased under the program will be used for general corporate purposes and may be available for re-issuance in connection with the company's stock plans and dividend reinvestment plan.
The company's dividend reinvestment plan allows shareholders to reinvest their cash dividends into additional common shares.
In addition, the company will offer a Dividend Reinvestment Plan to eligible common stock holders to purchase additional common shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees.
As previously announced, we commenced prorating the Premium DividendTM component of our Dividend Reinvestment Plan by 25%, beginning with the dividend paid on October 17, 2016.
The company has an "opt out" dividend reinvestment plan, or "DRIP," for its stockholders.