Buy Stock Direct »
: Many companies allow initial investments as low as $25 to $100 , making them accessible for beginners.
: Many DSPPs include a Dividend Reinvestment Plan , where any dividends earned are automatically used to buy more shares. Why Choose a Direct Plan?
: Most DSPPs allow the purchase of fractional shares , meaning if you invest $50 in a $100 stock, you own 0.5 shares. buy stock direct
: The "fire and forget" nature of automated monthly buys supports dollar-cost averaging , reducing the temptation to time the market.
: Shareholders in direct plans often receive materials and voting rights directly from the company or its agent rather than through a brokerage intermediary. The Trade-Offs : Many companies allow initial investments as low
: These plans are typically managed by a transfer agent (such as Computershare or Broadridge ) rather than the company’s internal staff.
A is a program offered by a corporation that allows individual investors to purchase its shares without a broker. : Most DSPPs allow the purchase of fractional
: Investors can often set up automatic monthly deductions from a bank account to buy shares over time.