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DRIP - Dividend Reinvestment programs...Good company Suggestions???
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I am looking for some great companies that offer DRIP's as an investment option.
Know any???
Thx!
LadyTazzLa
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Rank: Advanced Member
Posts: 32
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A lot of companies offer DRIPS, and you can frequently just call the investor relations contact of the firm to find out the details. Some firms have become large clearing-houses for a slew of DRIP companies. Take a peek at www.sharebuilder.com to see their automated investment policy, which takes advantage of DRIPS. ShareBuilder has been reviewed in Money and Fortune magazines, so you can google for the reviews. Good luck! |
Michael Stigall |
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Rank: Advanced Member
Posts: 42
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I'm a big fan of DRIPs. I find them several ways. I use the stock screener for companies that give dividends, research the company and then find out if they have a DRIP. The last few pages of most annual reports will tell who their transfer agent and you can go there for further details. You can go to Value Line and they normally will tell you in the foot notes if the company has a DRIP avail or not. Not all DRIPs are created equal and I personally lean towards those where the companys pays all the fees.
Bob
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DRIP - Dividend Reinvestment programs...Good company Suggestions???
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