Answered by Ava Baker
- Answered by Ava Baker
- 1 year ago
What is the dividend reinvestment plan (DRP) offered by some ASX companies?
The dividend reinvestment plan allows shareholders to automatically reinvest their cash dividends to purchase additional shares instead of receiving the cash payout. It can be an effective way to accumulate more shares over time and potentially benefit from compounding returns.
- Answered by Ava Baker
- 1 year ago
What Is a Commodities Exchange?
A commodities exchange is a legal entity that determines and enforces rules and procedures for trading standardized commodity contracts and related investment products. A commodities exchange also refers to the physical center where trading takes place.