Now it’s mostly done online through transfer agents such as Computershare. DRIPs are a suitable way to dollar-cost average into a single stock if you make regular contributions of equal amounts. A benefit of DRIP investing is the ability to own fractional shares. Certificates are less ...
The great part is that you can buy fractional shares. Read now:Discover the pros and cons of fractional shares So, if you have $50 to invest, you could buy 2.25 shares of a stock. You can find a ton of companies by searching through a popular transfer agent,Computershare. If you can...
as it relies on the share price (which is always moving up and down). An investor who purchased the stock at a higher price six months ago will have a much lower return (yield) on their investment (assuming the dividend remained constant) than someone who recently invested in the company....
So how much of a dividend stock do you need to buy so that the quarterly dividends are enough to purchase one share? Easy! Number of Shares to Buy = Share Price / Dividend per quarter For example, Fortis (FTS) currently has a share price of $30.71 (as of Sept 6, 2013) and a qua...
be, and that some of them have pivoted too much. If you really want a somewhat-low-cost actively managed funds, you are better off with a Vanguard’s Wellington or Wellesley funds, as they have lower costs (once you get to Admiral shares) and a much longer and more stable track ...