2006-11-20 18:40:07 · 8 answers · asked by satya k 2 in Business & Finance ➔ Investing
Many companies sell their stock directly through direct stock purchase plans (sometimes called DRIPS).. These plans typically charge no commission (although some charge small commissions) and typically offer free reinvestment of dividends.
A potential list of about 700 companies with links to the respective company websites is available at http://www.wall-street.com/directlist.html Look for the investor relations or direct stock purchase plan link at these company websites.
An example company is Yum Brands (Pizza Hut, Taco Bell, etc.). The info is at http://www.yum.com/investors/direct.asp
Other sources of information on this subject are available at Better Investing http://www.betterinvesting.org/
Better Investing low cost investing http://www.betterinvesting.org/about/lowcost/
Drip Investor http://www.dripinvestor.com/index.asp
AAII Journal June 2006 issue with a Guide to Direct Purchase Plans (possibly available at your library)
2006-11-20 22:57:50 · answer #1 · answered by Del 2 · 0⤊ 0⤋
You usually buy shares through a broker, although some larger firms may have direct share purchase programs. However, some brokerages, like Wells Fargo (maybe B of A, too) offer commission-free trading for stocks but you won't get much help in terms of advice & trading tools. Also, they will probably charge commissions on securities like options and other derivatives
2006-11-21 06:28:29 · answer #2 · answered by Robert J 1 · 0⤊ 0⤋
the broker charges commision not companies. So ask your broker for a commision related queries. Commission is the main income for brokers and i think they'll not buy or sell shares unless they charge commission.
2006-11-20 19:06:09 · answer #3 · answered by rohit k 3 · 0⤊ 0⤋
There are some companies that'll allow you free trades if you trade often enough and/or deposit enough money with them.
Just click on a few of the financial websites such as Yahoo Finance, and bigcharts.com, thestreet.com, etc. and you'll start to get a feel for who offers what.
Then, just click over to the brokerage's website to see what their basic rates are. After that, you can negotiate with them to get a better deal.
Good luck!
2006-11-20 20:53:13 · answer #4 · answered by Yada Yada Yada 7 · 0⤊ 0⤋
companies will never charge for buying their shares.In secondary markets you should pay brokerage and service tax on the value of the share purchased
2006-11-20 18:57:07 · answer #5 · answered by ums 1 · 0⤊ 0⤋
None
2006-11-20 20:42:00 · answer #6 · answered by Meeto 7 · 0⤊ 1⤋
hahahahahaha
2006-11-20 18:48:06 · answer #7 · answered by exaluva 3 · 0⤊ 1⤋
There are none.
2006-11-20 18:41:59 · answer #8 · answered by Dr Dee 7 · 0⤊ 1⤋