No. of Recommendations: 0
I have a DRIP with Borg-Warner (BWA) and I am very pleased with it. I have known about this company for a long time (40+ years) and it is a stock that suits me in general, I have owned it for the last three years and been pleased compared to much of what the market has done. The thing I wonder about is it good for a DRIP since it only pays about 1% dividend but has been growing nicely. Overall it is probably my best stock, I bought my first block of shares to start the DRIP at $40 and the stock is up to $89 now. So in addition to looking at the dividends for DRIPS is there a way to pick some stocks for DRIPs that are more growth stocks?
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement