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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.

 

 

Chesapeake Utilities Corp. (CPK)

Available from the Temper Enrollment Service: Yes


Last Update On: 08/29/2018:

Chesapeake Utilities Corporation, a diversified energy company, engages in regulated and unregulated energy businesses. The company operates in two segments, Regulated Energy and Unregulated Energy. The Regulated Energy segment engages in the distribution of natural gas in Delaware, Maryland, and Florida distribution of electricity in Florida and transmission of natural gas on the Delmarva Peninsula and in Florida. The Unregulated Energy segment distributes propane in Delaware, Maryland, Virginia, southeastern Pennsylvania, and Florida markets natural gas in Florida, Delaware, Maryland, Ohio, and other states supplies, gathers, and processes unregulated natural gas in central and eastern Ohio and generates electricity and steam. This segment also provides other unregulated energy services, such as energy-related merchandise sales heating, ventilation, and air conditioning services and plumbing and electrical services. The company also owns and leases office buildings in Delaware and Maryland. It serves residential, commercial, industrial, and wholesale customers. The company was founded in 1859 and is headquartered in Dover, Delaware.**Taken from Yahoo Finance**

Industry: Natural gas
Minimum Investment: $100.00
Maximum Investment: $60,000/year
Shares to qualify: 1
Recent Price: 93.12
Investing Fee: Co. pays fee
Fee for Dividends: Co. pays fee

! = Company pays fees

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

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