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 https://www.shareowneronline.com/PlanMaterial.aspx?Type=Dpp&...
You can call the 800 number to ask for more advice.
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