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No. of Recommendations: 1
<<I would tread cautiously around no fee drips. You generally get what you pay for

Better to drip the companies you like best through a brokerage that doesn't charge for reinvestment

You get the stock you purchase. If the DRIP has no fees, especially for purchases, you just get a bit more stock.

I wouldn't buy a stock I didn't want to own, even if there were no fees.

A stock with no fees is a nice deal. Unfortunately, many stocks have gone to farming out DRIPS to outside service agencies like Computershare. There fees aren't unreasonable, but they do cost.

Best is a stock that handles it's DRIPS itself, as part of it's corporate policy.

Seattle Pioneer
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