Comments on: DRIPs – Dividend Reinvestment Plans

By: Shirley Claycomb

Shirley Claycomb — Tue, 30 Aug 2011 22:24:11 +0000

I have some DRIPS and I got these after receiving a book about DRIPS. I would rather not do this on-line but have the written material in front of me with an application to do this by mail.

By: Jobeta

Jobeta — Thu, 14 Jan 2010 19:58:51 +0000

Thanks for your information
But I still do not know how to start it

Well I have an account @ I.B witch I want to keep as speculator.

By the other hand as I am expatriate I want to minimize my taxes with my portfolio.
The main problem I find are: Custody, fees and dividends are very expensive ( In Portugal witch is my nationality is impossible ) So i find the DRIPS and PPS quite good .
I read CSA site with attention and I was ot able to open ana account by the site .

So I will be searching

Thanks guys for any suggestion.

By: Farhan

Farhan — Thu, 06 Oct 2005 23:42:02 +0000

Now you got me thinking of switching to CSA from Investors Edge

By: The Dividend Guy

The Dividend Guy — Tue, 04 Oct 2005 00:33:28 +0000

That is a good point. Most brokers will allow you to reinvest dividends on stocks. However, unless I am wrong, most brokers do not allow a person to hold fractional shares (i.e. 1.345 shares of a stock). If you recieve enough of a dividend payment from a stock to cover one whole share, then they will reinvest that payment into whole shares.

By: Farhan

Farhan — Mon, 03 Oct 2005 21:28:10 +0000

Is this required these days? I simply call my discount brokerage (Investors Edge) and they enroll in the DRIPs for the stocks that I own. Perhaps they don’t allow all stocks? Best of all, it was free.