These companies do not charge fees for investing or reinvesting dividends to purchase shares. However, some may charge fees for peripheral services such as auto-invest fees or fees for selling shares.
The following no-fee DRIP companies require shareholder status in order to enroll in the company direct investment plan. Enrollment, which includes acquiring the initial share(s), is available through the enrollment service provided by Temper of the Times Investor Services, Inc.
DRIP Club Membership and those who have purchased "Full Online Access" get complete prospectus details for every DRIP as well as advanced screening capability, which allows them to identify companies based on fees, industry, dividend yield, and more. To subscribe to DRIP Club Membership, please click here. To sign up for full Web site access, please click here.