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drip

September 19th, 2010 at 06:47 pm

I have some stocks and I do believe in drip plans. (That is dividend reinvestement plans. I do reinvest all my dividends in all but two stocks.


when Wendy's bought out Tim Horton, somehow I got dropped out of the drip plan when it formed a new company. Now Tim Horton has split and Wendy's has hooked up with Arby's.

Every few months, I get small checks from both Tim Horton and Wendy's.
Yesterday I got a check for $8 from Wendy's.

The braves won their last two games and I had a no use gas yesterday, so I will take the $12 and add it to my $20 challenge.

Prev. total $13,106.00
today 12.00
new total $13,118.00

1 Responses to “drip”

  1. baselle Says:
    1284948560

    That's happened to me too with the drips. You're always in for what the new company (the buyer of your old company) does - sometimes the company doesn't generate a dividend, or if it does, it doesn't reinvest them or will reinvest them only if you have a certain number of shares. Gotta watch 'em all like a hawk!

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