DRIPs -- Dividend reinvestment plans Message Board

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Non-Tech : DRIPs -- Dividend reinvestment plans

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To: Rick Kunz who wrote (212)	5/4/1997 7:34:00 PM
From: freeus	of 263

Dear Rick: I prefer no charges of any kind So do I!! Then I guess I need you to tell me a few of your favorites that have no charges (and are still good stocks). To buy even one from Fidelity will cost me $38 plus $15 send out fee, so it would be nice if there were some good ones that allow you to buy the first from the company too. April's DRIP investor has a write up on a stock I like, Reuters. However, there are the following charges: one time administration fee of $15, purchasing and selling costs of $5 plus 12c per share and a fee of up to $2.50 to reinvest dividends. The last especially makes me wonder as it could eat up the entire dividend! Are these traditional, or excessive. Please advise. Also what does ocp stand for? Freeus

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