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.
California Water Service Group (CWT)
Available from the Temper Enrollment Service: Yes

Last Update On: 01/07/2021:
California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, and Hawaii. It is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. The company offers its services to approximately 486,900 customer connections in 100 California communities approximately 5,000 water and wastewater customer connections on the islands of Maui and Hawaii approximately 17,700 customer connections in the Tacoma and Olympia areas in Washington and approximately 8,300 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. It also engages in the provision of non-regulated water-related services, including operating municipally owned water systems, privately owned water, and recycled water distribution systems providing water system operation, meter reading, and billing services to private companies and municipalities leasing communication antenna sites on its properties to telecommunication companies billing optional third-party insurance programs to its residential customers and providing lab services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.**Taken from Yahoo Finance**
Industry: | Utility-water |
Minimum Investment: | $25.00 |
Maximum Investment: | $100,000/year |
Shares to qualify: | 1 |
Recent Price: | 54.34 |
Investing Fee: | $0! |
Fee for Dividends: | $0! |
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