No. of Recommendations: 1

The Royal and TD do not have DRIPs. BMO, BNS & CIBC do.

It should be noted that the only one of these DRIPs open to U.S. citizens is that of Bank of Montreal (BMO). BMO also owns Harris Savings Bank, which sold its DRIP transfer agent organization to Computershare. BMO adminsters its own plan and invests monthly (Nil-$40,000/year) with no fees. Sending in OCPs may cost a tad more in postage (for U.S. residents), since it goes to Montreal, but there's a dual stock listing (Symbol BMO on both the NYSE and the TSE).

dave fish/moneypaper

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.