Generally, you must exercise the services of a stockbroker to invest in shares of inventory. There are a uncommon companies, on the contrary, that Testament grant you to acquire shares in their society directly. These opportunities are familiar as Dividend Reinvestment Plans (DRIPS). When you indication up for this type of programme, generally you must assent to get a decided vastness of inventory to start participating. Obtain a listing of the companies that offer Dividend Reinvestment Plans. Vita Nelson (see additional resources below) offers a complete and up-to-date list for a nominal price.2.
You must besides concur that all dividends Testament be used to obtain also shares. Dividend Reinvestment Plans are a great way to receive into the stock market if you do not have a lot of money to invest, and they are also a great way to grow your investment as the reinvested dividends compound and add up quickly.
Instructions
1.Do a little research of your own once you have the list. Look for sound companies with a high dividend yield that may be trading more toward the low end of the 52- week high/low price.
3. Select the company that you would like to deal directly with on a purchase of shares of stock.
4. Communicate with an agent of the company. Request an enrollment package and determine the minimum amount of stock you have to purchase to receive started. You can add to your holdings with additional direct purchases later.
5. Advise the company that you would like to make a purchase, and send them the purchase price for the stock you want to buy.
