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Minimum initial investment in McDonald's direct purchase plan is $500.
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Getting into DRIP and direct purchase plans is easy to do over the telephone and on the Web.
According to Carlson, approximately 1,000 companies have dividend reinvestment plans, and around 650 offer direct purchase plans that allow you to buy your first share and every share directly.
Dividend reinvestment plans allow dividends to be plowed back into buying more shares (even fractional ones), and direct purchase plans offer investors the opportunity to buy stock without a broker directly from the company for fees that generally range from $1 to $5 per transaction.
Aqua America has an excellent direct-purchase plan.
Minimum initial investment in ConocoPhillips' direct-purchase plan is $250.
Minimum initial investment in Energen's direct-purchase plan is $250.
Health Care REIT's direct-purchase plan permits initial purchases directly.
Minimum initial investment in INTC's direct-purchase plan is $250.
Baxalta's direct-purchase plan is administered by Computershare.
Minimum initial investment in Columbia's direct-purchase plan is $250.
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