Direct buy stock
Some companies that offer DSPPs make the plans directly available to retail investors while others use transfer agents or other third-party administrators to handle these transactions. Such plans offer low fees and sometimes the ability to purchase shares at a discount. Not all companies offer DSPPs; and these plans may come with restrictions about when an individual may purchase shares. Such plans have lost some of their appeal over the last two decades as investing through online brokers has become less expensive and more convenient, though DSPPs still offer advantage for the long-term investor who doesn't have much money to get started. A DSPP allows individual investors to establish and account in which to make deposits for the purpose of purchasing shares directly from a given company.
Direct Stock Purchase and Dividend Reinvestment Plan
It's designed for individual investors who might otherwise avoid making small, long-term stock purchases because of large minimum brokerage fees.
You always have control of your shares. You may withdraw your DSPP holdings of Home Depot stock at any time, or may ask the program administrator to sell your shares.
Purchasing Stock If you do not already own Home Depot stock, or if your stock is held through a brokerage account, you may use the plan to buy your first shares directly from the Company.
If you already own Home Depot stock, you may invest cash dividends and optional cash purchases in additional shares of Company stock. Transaction Fees For each transaction, a small service charge is deducted from your investment plus the pro rata amount of brokerage commissions generally 5 cents per share for purchases and 15 cents per share for sales.
Service charges are:. Features at No Charge Through DSPP, you receive a stock safekeeping service and the ability to make transfers or gifts of Company stock - all at no charge. The recipient of the transfer or gift will have an account opened in their name and will enjoy full program benefits.
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Shop Stores Contact. Investor Relations. Direct Stock Purchase Plan. Direct Stock Purchase Plan Email to friend. Enrollment Potential investors may enroll via two methods: Paper based enrollment Online enrollment provided by Computershare For all other communications regarding these services contact: Standard Mailing Address: Computershare Trust Company, N.
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A direct stock purchase plan allows you to buy shares of a company through its transfer agent instead of through a broker. In essence, you cut out the middleman. So you want to buy stocks? Great! But you only have a small amount of money each month to invest? You're worried about any potential returns.
Investing wth DSPPs is a low-cost way to invest directly with a publicly traded company. These plans are generally set up directly with the company or are administered through a third party transfer agent. Using a direct stock purchase plan has advantages over both traditional and online discount brokers.
Lowe's Companies, Inc.
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Direct Investment Plans: Buying Stock Directly from the Company
It's designed for individual investors who might otherwise avoid making small, long-term stock purchases because of large minimum brokerage fees. You always have control of your shares. You may withdraw your DSPP holdings of Home Depot stock at any time, or may ask the program administrator to sell your shares. Purchasing Stock If you do not already own Home Depot stock, or if your stock is held through a brokerage account, you may use the plan to buy your first shares directly from the Company. If you already own Home Depot stock, you may invest cash dividends and optional cash purchases in additional shares of Company stock. Transaction Fees For each transaction, a small service charge is deducted from your investment plus the pro rata amount of brokerage commissions generally 5 cents per share for purchases and 15 cents per share for sales.
How to Buy Stocks
Back before the early days of online stock investing you had to pay significant trading or management fees to full service brokers if you wanted to purchase stock. And mutual funds, back in the day, had ridiculous expense ratios! In fact, just about any stock purchase — direct or broker — runs this same risk. No Fees? Many charge initial setup fees, and some charge for each purchase transaction, sales fees, and more. Usually these fees are low, but they can really add up over time, particularly if you are slowly and automatically adding to your position. Service charges are:. Hot damn! Think that looks bad?
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Company Filings More Search Options. Many companies allow you to buy or sell shares directly through a direct stock plan DSP.
How to Buy Stocks Online Without a Broker – Direct Stock Purchase Plans
We are pleased to notify you that Computershare is the new stock transfer agent and registrar for Realty Income Corporation. If you previously held Realty Income shares through Equiniti or would like to purchase shares through our Transfer Agent Computershare , click the link below. Computershare Registration. Access Your ComputerShare Account. One way to become a shareholder is to buy shares through our Direct Stock Purchase and Dividend Reinvestment Plan administered by Computershare. This is a cost-effective way for investors to purchase shares of our common stock. Shareholders can also increase the number of shares they own by reinvesting their dividends through the plan. The most efficient means to access this plan is online, but you can request an enrollment package by mail. The following questions and answers may be helpful. An online brokerage firm may be an option if you don't need financial advice. Online brokerages generally charge a minimal flat fee for investing. A discount broker offers a discount on commissions for stocks they purchase on behalf of the buyer.
Direct Stock Purchase Plan (DSPP)
In recent years, direct stock purchase plans DSPPs have lost much of their appeal -- likely due to the availability of online brokerages. This has been even more pronounced given the preference of the investment public to invest primarily in funds, particularly exchange-traded funds ETFs. But DSPPs may still have a place for investors who prefer to invest in a portfolio of high-quality individual stocks. If you plan to hold those stocks for many years, DSPPs are a solid choice, not only for holding your stocks, but also for taking advantage of automatic dividend reinvestment to increase your holdings. A direct stock purchase plan allows you to purchase and hold shares directly with the company in which you're investing. The process is very similar to buying and holding company stock in your employer-sponsored retirement plan, like a k. Companies will offer discounts as a way of incentivizing investors increasing their purchases of company stock.
