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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 many thousands of dollars) 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.

 

 

Sysco Corporation (SYY)

Available from the Temper Enrollment Service: Yes


Last Update On: 09/10/2018:

Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry. It operates through three segments: U.S. Foodservice Operations, International Foodservice Operations, and SYGMA. The company distributes a line of frozen foods, such as meats, seafood, fully prepared entrees, fruits, vegetables, and desserts a line of canned and dry foods fresh meats and seafood dairy products beverage products imported specialties and fresh produce. It also supplies various non-food items, including paper products comprising disposable napkins, plates, and cups tableware consisting of China and silverware cookware, which include pots, pans, and utensils restaurant and kitchen equipment and supplies and cleaning supplies. The company serves restaurants, hospitals and nursing homes, schools and colleges, hotels and motels, industrial caterers, and other foodservice venues. As of June 30, 2018, it operated 332 distribution facilities in North America and Europe. Sysco Corporation was founded in 1969 and is headquartered in Houston, Texas.**Taken from Yahoo Finance**

Industry: Food distribution
Minimum Investment: $100.00
Maximum Investment: $10,000/month
Shares to qualify: 1
Recent Price: 64.90
Investing Fee: $2.50+5¢/sh.
Fee for Dividends: $0!

! = Company pays fees

Information is based on an annual survey and updated when company changes become available.

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