Achieving your investment goals: should you use a DRIP?

One of the key features of a DRIP is the ease with which you can turn it on and off. This may help you to strategically plan the periods when you want to receive cash distributions versus when you would like to reinvest.

The last couple of years has demonstrated how unpredictable life can be. Many families have encountered financial constraints, temporary layoffs, and wage reductions during this time. Distribution payments could potentially be used as supplemental income to help offset any unforeseen financial setbacks. This may be beneficial during a period of unemployment, retirement, or to potentially assist you in the event of an unexpected crisis and when held in a non-registered account.

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https://skylinewealth.ca/2022/02/25/achieving-your-investment-goals-should-you-use-a-drip/