DRIPs -- Dividend reinvestment plans Message Board

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Non-Tech : DRIPs -- Dividend reinvestment plans

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To: Uri who wrote (152)	2/5/1997 1:05:00 AM
From: Rick Kunz	of 263

You know, it's only recently I even learned that Canadian companies offered DRIPs! I don't think either of Carlson's books mentioned them, and I also don't recall seeing any mention in DRIP Investor. I stumbled across a page from R-M Trust Company recently, and asked them to send me information about plans they administer that are available to US residents. Northern Telecom is one of their DRIP/SPP's, but not available directly to US investors, at least from what I saw initially. There are quite a few US ADR companies that are available as DRIPs, and getting to be more, but up to this point I personally haven't owned them; most appear to violate my rule of "no service fees." I am not really a typical xenophobe Yank, but one couldn't tell it from our DRIP holdings alone. E*Trade only charges $5 for registering shares out? That sounds really good -- how long did it take for you to receive your shares? Regards, Rick

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