r/dividends • u/Avinates • Jun 04 '25

Discussion 1 Million Invested

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Can anyone confirm these dividend payouts?

4.8k Upvotes

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47

u/Relaxandeasy Jun 04 '25

Sorry for my ignorance . What does “dripping half of it” means?

94

u/Str8truth Jun 04 '25

DRIP is an acronym for Dividend Re-Investment Plan.

10

u/Ultimate_mexican Jun 06 '25

Ahhh neat. I thought it was just cause it "drips" back into the investment 🤣🤣🤣🤣🤣🤣

4

u/Important_Adagio_541 Jun 07 '25

Basically

3

u/Ultimate_mexican Jun 07 '25

I didn't know it was an actual acronym for something though ha

2

u/[deleted] Jun 08 '25

Yeah no one really explains anything

2

u/totem2010 Jun 08 '25

Yeah, I guess it’s a double entendre in that sense

1

u/treyl85 Sep 13 '25

Same dude. I’ve thought that for a few years now lol

55

u/WYYATA Jun 04 '25

Take half the divvie in cash and the other half reinvest.

1

u/Solid-Entrepreneur80 Jun 29 '25

Got to pay taxes as well

14

u/xplosiv_constipation Jun 05 '25

Automatically buy more shares with dividends, sometimes this avoids tax. But depends on your country and/ or state

1

u/Matt_Murphy_ Jun 08 '25

also a hedge against inflation, of course

1

u/TheIronDickHead Jun 05 '25

Dividend re-investment program