Buying Straight From the Source: AAII's 2008 Direct Purchase Plan Guide
by Maria Crawford Scott
One approach is to go straight to the source. Currently, over 430 companies in the U.S. offer direct purchase plans, allowing you to buy shares directly from the company without a broker. In addition, a growing number of foreign firms also offer direct purchase plans through their ADR programs (for more on these plans, see page 20).
Direct purchase plans are a form of dividend reinvestment plan, but in a traditional dividend reinvestment plan you must first enroll in the plan in order to participate, which means buying your initial shares through a broker.
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