Lesson 63 · Written for kid, teen, and little
Reinvesting Your Dividends
A DRIP takes your dividend cash and automatically buys more shares for you.
Some companies share a slice of their profits with the people who own shares. That payment is called a dividend, and it usually lands in your account as cash. You can spend that cash, or you can switch on a reinvestment plan — a DRIP — which automatically uses it to buy more shares of the same investment. More shares means the next dividend is worked out on a bigger position, though nothing is promised: companies can lower or stop dividends whenever they choose. 🔁
Words to know
5Dividend
A payment some companies send to the people who own their shares. Own 10 shares paying $0.50 each and you receive $5.
DRIP
A setting that automatically uses your dividend cash to buy more shares. The $5 turns into more shares instead of sitting there.
Share
One small piece of a company that you can own. Ten shares is ten of those pieces.
Fractional share
A slice of a share, smaller than one whole share. If a share costs $200, $50 buys you a quarter of one.
Reinvest
To put money you received straight back to work instead of spending it. It is what turns one dividend into more dividends later.
True or false? Swipe each card the way you think it goes.
A dividend is money some companies pay to people who own their shares.
Swipe the card — or tap.
In the full lesson
- 1True or false
- 2Put it in order
- 3Make the call
Vine has 107 lessons like this one, each written three ways so a 7-year-old and a 17-year-old both get a version that fits.
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