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.
General Electric Company (GE)
Available from the Temper Enrollment Service: Yes
Last Update On: 01/25/2017:
General Electric Company is a global digital industrial company. The Company's products and services range from aircraft engines, power generation and oil and gas production equipment to medical imaging, financing and industrial products. Its segments include Power, which offers products and services related to energy production and water reuse Renewable Energy, which offers renewable power sources Oil & Gas, which is engaged in drilling, completion, production and oil field operations Aviation, which designs and produces commercial and military aircraft engines Healthcare, which provides healthcare technologies Transportation, which is a supplier to the railroad, mining, marine, stationary power and drilling industries Energy Connections & Lighting, which offers grid solutions, industrial solutions, power conversation and lighting, and Capital, which offers products, including Industrial Finance, Energy Financial Services (EFS) and Energy Financial Services (EFS). **Taken from Google Finance**
|Industry:||Elec. equip., broadcasting & fin'l serv.|
|Shares to qualify:||1|
|Fee for Dividends:||Co. pays fee|
! = Company pays fees
Information is based on an annual survey and updated when company changes become available.