A reliable investment strategy: Identify a widely diversified portfolio of high-quality stocks and build up additional holdings at favorable prices.
DRIPs can help you do that.
Even small investors can follow such a strategy by investing through dividend reinvestment plans (DRIPs). That's because it takes ownership of only a single share of company stock to establish an account. Therefore, there is nothing to stop you from buying companies in a variety of industries.
As for buying at favorable prices, dollar-cost averaging virtually assures that you will buy most shares at favorable prices. And DRIPs provide an excellent way to dollar-cost average. These plans allow you to invest cash amounts to buy shares directly from the company. Once you are enrolled in a plan, you can invest amounts of as little as $25 or $50 (or as much as you can afford) to buy shares or fractions of shares. That's different than the traditional way to invest, which is to pay brokerage fees to buy a certain number of shares.
Norfolk Southern Corp. (NSC)
Available from the Temper Enrollment Service: Yes

Last Update On: 01/07/2021:
Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports industrial products, including chemicals, agriculture, and metals and construction materials and coal, automobiles, and automotive parts. It also transports overseas freight through various Atlantic and Gulf Coast ports and provides commuter passenger services. As of December 31, 2019, the company operated approximately 19,500 route miles in 22 states and the District of Columbia. Norfolk Southern Corporation was incorporated in 1980 and is based in Norfolk, Virginia. **Taken from Yahoo Finance**
Industry: | Railroads |
Minimum Investment: | $25.00 |
Maximum Investment: | $10,000/investment |
Shares to qualify: | 1 |
Recent Price: | 244.22 |
Investing Fee: | $0! |
Fee for Dividends: | $0! |
! = Company pays fees
Information is based on an annual survey and updated when company changes become available.