No. of Recommendations: 1
Hi Mike!

Someone please correct me if I'm wrong. There isn't a great deal of difference. The difference is only in how you start it up.

Some companies require that you own in your name at least 1 (one) share of their stock before you can participate in their Dividend reinvestment plans. Other companies (most others) have a Direct Purchase Plan (DPP) usually a minimum of $500 (check the participating plans) to start dividend reinvesting with them.

Now if you own Kraft KRFT in a brokerage account, ask if they have some sort of dividend reinvestment program in house.

Other than that I'd contact KRFT's plan administrator Wells Fargo
You can call the 800 number to ask for more advice.
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