Setting Up a DRIP Account
In This Chapter
• Account setup
• Eligibility requirements
• Transaction fees
• Buying, transferring, and selling shares
Now that you’ve purchased your first share or shares, you need to set up a DRIP account with the company. An administrator outside the company manages most DRIP accounts. We talk more about administrators and their role in the next chapter.
In this chapter, we take a closer look at how to set up your DRIP account and what account features you want to look for as you pick companies for your DRIP portfolio.