Enrolling in DRP's
Enroll Direct with the Company
You can get the DRP Prospectus (describes the DRP Program and it is FREE) and setup your DRP account direct with many companies. Just contact the company and ask for the Dividend Reinvestment Office. They will mail the Prospectus to you. Each company determines the conditions of its DRP Program, so get the Prospectus for the company in which you intend to invest.
Go to the DRP Stock List, find the stock in which you want to invest, then click the "Profile" link for company contact information.
Go to DRP Stock List
Enroll in DRP Plans Online
You can enroll in any Dividend Reinvestment Program online. The MoneyPaper Inc will do everything needed to get you enrolled, for a small fee.
You avoid the hassle of setting up the DRP account -- no need to buy initial shares through a Stock Broker, no need to submit an application to the DRP Plan Administrator and then transferring the initial share(s) to them. Once enrolled in your DRP account, you simply submit your monthly investments by check or bank withdrawal direct to the DRP Plan Administrator for the stock.
Go to The Moneypaper Inc