http://investor.visa.com/phoenix.zhtml?c=215693&p=irol-n...And a signifigant one at that (50%)Now if I could just get them to offer a DRIP.Cheers.
I rec'd your post this morning but I had to run and now I'm gonna post.I think DRIPs are great, but they were created during an era when brokers charged outrageous fees and you had to buy in lots of 100 shares.So - many companies, to promote themselves and their stock provided this service for the small guy and employees. The company's share plan could buy in these 100 share lots easily with the pooled dividends and then split the shares accordingly among the DRIP holders. Those 100 share lots were also why companies would split their shares frequently, to make 100 shares within reach of other investors.Now here we are with Visa who only IPO'd not so very long ago. An era now with discount brokerages that if you only wanted to buy 1 share, you can. If I were a betting man I'd bet that Visa will not create any DSP or DRP plans.Some online brokerages like TD Ameritrade will set up a divi reinvestment plan within your account. I'm not sure of the particulars, but it may be worth some research to see if that would be something you'd like to do. From what I read in this vast universe of Fool message boards, plenty of people DRIP this way now. One of the plusses is you have more direct control over the actions in an online account like that.Congrats on the raise! blesto
Thanks man,I guess I'm just spoiled by seeing my KO shares reinvested automatically.(there is a nominal fee... <.10)I'll have to delve further into Ameritrade, looks like they lowered their fees from $14.99 to $9.99. Sharebuilder used to be good for that but they changed policy. so did Computershare, you know that there were no fees for investing in Verizon and then they switched to where you pay a buck.Guess that's the nature of the business, still it would be nice to not be nickel and dime'd. We are after all owners of the corporations we invest in.The dividends from Visa, Bud, and GE funded my last stock purchase of MTGE.So I got that going for me.... which is nice:)
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