Verizon Communications, Inc. (VZ) offers a Dividend Reinvestment Plan to all shareholders of record. Verizon Communications, Inc is one of the largest telecommunications companies in America and a member of the Dow Industrial 30 and S&P 500. If you own shares of Verizon Communications in your own name log on to Computershare Trust Company, the transfer agent, computershare.com and create an account.
If you own shares of Verizon Communications with a broker you can get them transferred to Computershare Trust Company, the transfer agent for Verizon Communications , for a small fee usually $25-$30 or sometimes free. If you do not own shares, open an account at Sharebuilder.com, Schwab.com, Scottrade.com or TDameritrade.com and purchase one share, plus commission usually $4-$20. You can also open an account by invest either $500.00 or by making $50 monthly investments for 10 months.
Once enrolled in the plan at the website, you can purchase stock at $50 per transaction optional investments are made weekly, computing your account to fractional shares up to six decimal places. For example if the share price is $68.36 and you invest $50 the shares purchased will be .731422. Dividend payments are invested separately every quarter, also up to six decimal places. Once enrolled in the plan there are no fees to purchase more shares or invest the dividends
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With the reinvestment of dividends and optional cash investments your position in Verizon Communications will grow and multiply in this great company.
Tuesday, December 15, 2009
Monday, December 14, 2009
Exxon Mobil to buy XTO Energy for $41 billion
NEW YORK (MarketWatch) -- Exxon Mobil Corp. (XOM 72.04, -0.79, -1.09%) said Monday it'll buy domestic natural gas giant XTO Energy Inc. (XTO 50.23, +8.74, +21.07%) in an all-stock deal valued at $41 billion. The agreement, which is subject to XTO stockholder approval and regulatory clearance, will "enhance ExxonMobil's position in the development of unconventional natural gas and oil resources," Exxon Mobil said. Exxon Mobil has agreed to issue 0.7098 common shares for each common share of XTO. The deal represents a 25% premium to XTO stockholders. The transaction value includes $10 billion of existing XTO debt and is based on the closing share prices of Exxon Mobil and XTO on Friday.
Thursday, December 10, 2009
How to invest in the Coca Cola Co. Dividend Reinvestment Plan with $50
The Coca Cola Company (KO) engages in the manufacture, distribution, and marketing of nonalcoholic beverage concentrates and syrups worldwide. It principally offers sparkling and still beverages. Founded in 1886, headquartered in Atlanta, Georgia the Coca Cola Company is the largest beverage company in the world. Coca Cola is a member of the Dow Jones Industrial 30 and S&P 500. The Coca Cola Company (KO) offers a Dividend Reinvestment Plan to all shareholders of record and there is a plan for new investors.
If you own shares of The Coca Cola Co. with a broker you can get them transferred to Computershare Trust Company, for a small fee usually $25-$30. If you do not own shares, open an account at Sharebuilder.com, Scottrade.com or TDameritrade.com and purchase one share. There is another option open to new investors. The Dividend Reinvestment plan allows new investors to either purchase share with a one time invest of $500.00 or make 10 consecutive transactions of $50.00 to equal $500.00.
Once enrolled in the plan, you can purchase stock at $50 per transaction computing your account to fractional shares up to six decimal places. There is also a $3.03 fee for each transaction and a $10 set-up fee. For example if the share price is $57 and you invest $50 the shares purchased will be .648596 after all fees. Each investment is made on Monday of every week, except in a month when the dividends are paid then the dividend and optional cash investments are made together. Dividends are paid in April 1, July 1, October 1 and December 15.
With the reinvestment of dividends and optional cash investments your position in The Coca Cola Company will grow in no time.
If you own shares of The Coca Cola Co. with a broker you can get them transferred to Computershare Trust Company, for a small fee usually $25-$30. If you do not own shares, open an account at Sharebuilder.com, Scottrade.com or TDameritrade.com and purchase one share. There is another option open to new investors. The Dividend Reinvestment plan allows new investors to either purchase share with a one time invest of $500.00 or make 10 consecutive transactions of $50.00 to equal $500.00.
Once enrolled in the plan, you can purchase stock at $50 per transaction computing your account to fractional shares up to six decimal places. There is also a $3.03 fee for each transaction and a $10 set-up fee. For example if the share price is $57 and you invest $50 the shares purchased will be .648596 after all fees. Each investment is made on Monday of every week, except in a month when the dividends are paid then the dividend and optional cash investments are made together. Dividends are paid in April 1, July 1, October 1 and December 15.
With the reinvestment of dividends and optional cash investments your position in The Coca Cola Company will grow in no time.
Saturday, December 5, 2009
Exxon Mobil Corporation Declares Fourth Quarter Dividend
IRVING, Texas--(BUSINESS WIRE)--The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of 42 cents per share on the Common Stock, payable on December 10, 2009 to shareholders of record of Common Stock at the close of business on November 12, 2009.
This fourth quarter dividend is at the same level as the dividend paid in the third quarter of 2009.
Through its dividends, the corporation has shared its success with its shareholders for more than 100 years and has increased its annual dividend payment to shareholders for 27 consecutive years.
This fourth quarter dividend is at the same level as the dividend paid in the third quarter of 2009.
Through its dividends, the corporation has shared its success with its shareholders for more than 100 years and has increased its annual dividend payment to shareholders for 27 consecutive years.
Tuesday, December 1, 2009
Xerox Declares Dividend on Common Stock
NORWALK, Conn., Oct. 15, 2009 -- Xerox Corporation's (NYSE: XRX) board of directors today declared a quarterly cash dividend. The dividend of 4.25 cents per share on Xerox common stock will be payable on January 29, 2010 to shareholders of record on December 31, 2009.
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