List of Dividend Reinvestment Plans (DRIPs)

I noticed that netstockdirect.com was purchased by ShareBuilder earlier this year and as a result there is no easy way to find a 3rd party list of DRIPs. I have started my own and will continue to update it - let me know if there are any companies in particular you would like me to add.

This list will quickly give you the basic information about each DRIP such as purchase minimums, fees, and a link to more info about the plan.

This table is in no particular order:

Company

Min Open

Open Fee

Min Opt Invest

Opt Invest Fee

Auto Purch Fee

Reinvest Fees

Proctor & Gamble

$ 250

$ 7.50

$ 50

$ 2.50

$ 1.00

5% up to $1

Merck

$ 350

$ 5.00

$ 50

$ 5.00

$ 2.00

4% up to $2

Pfizer

$ 500

$ -

$ 50

$ -

$ -

0

Duke Energy

$ 250

$ -

$ 50

$ -

$ -

0

CMS Energy

$ 250

$ -

$ 25

$ -

$ -

0

IBM

$ 500

$ 15.00

$ 50

$ 5.00

$ 1.00

2% up to $3

Microsoft

$ 1,000

$ 10.00

$ 50

5% up to $3

Edison Int

$ 1,000

$ 15.00

$ 25

$ -

$ -

0

Medtronic

$ 250

$ 10.00

$ 25

$ 3.00

$ 1.00

5% up to $5

ChevronTexaco

$ 250

$ 10.00

$ 50

$ 4.00

$ 2.00

5% up to $3

Walmart

$ 250

$ 20.00

$ 50

$ 5.00

$ 1.00

0

Bellsouth

$ 500

$ 10.00

$ 50

$ -

$ -

0

Bank of America

$ 1,000

$ 10.00

$ 50

$ -

$ -

0

Verizon

$ 500

$ 5.00

$ 50

$ 2.50

$ 1.00

5% up to $2

Lowes

$ 250

$ 5.00

$ 25

5% up to $2.50

5% up to $2.50

0

Eastman Kodak

$ 150

$ 10.00

$ 50

$ 5.00

$ 2.00

5% up to $3

Home Depot

$ 250

$ 5.00

$ 25

$ 2.50

$ 2.50

5% up to $2.50

GE

$ 250

$ 7.50

$ 10

$ 1.00

$ 1.00

0

Exxon

$ 250

$ -

$ 50

$ -

$ -

0



Category Explanations:
Min Open - Minimum stock purchase amount required to open an account
Open Fee - Initial fee charged by DRIP to open account
Min Opt Invest - Minimum stock purchase amount required to make an optional cash purchase
Opt Invest Fee - Fee for an optional cash purchase
Auto Purch Fee - Fee for automatic monthly cash purchase
Div Reinvest Fee - Fee charged for dividend reinvestment


Update: Heres a bigger list of DRIPs.

Related in DRIPs:

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Comments (4)


DATE: 2:50 PM
I was surprised to see that some of the companies in which you own stock actually charge a fee for reinvesting their dividends. E*TRADE (www.etrade.com) offers free automatic DRIP investing in all stocks!

DRIPs are a great way to invest and you give some great information.

Add Wells Fargo (WFC) and Anhaeuser Busch (BUD)to your list.

Please add AT&T (T) and Potash (POT)to the list please.

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