Comments on: Adding Exxon Mobil to My DSPP List

By: Sam Goneto

Sam Goneto — Thu, 10 Sep 2009 14:56:24 +0000

I was thinking about getting starting in a DRIP since I have little money to Investing each month. I found a list of 25 DRIP companies that increased there Dividends since last year. I think I am going with XOM, since it was on the list and you also went with it. But I went to invest a few other companies to create a well rounded portfolio. Here is the list incase anyone else is interesting in checking it out.

Directinvesting.com/drip_25.cfm

By: June 2009 Score Card — Part I: Net Worth

June 2009 Score Card — Part I: Net Worth — Mon, 06 Jul 2009 14:42:15 +0000

[...] quarter with the most gain in 10 years). The only new investment in taxable account last month was Exxon Mobile stock that I bought through DSPP program at ComputerShare. I scheduled the purchase in May, but it only started last month. For June, our taxable investments [...]

By: BD

BD — Thu, 07 May 2009 14:50:51 +0000

I have OKE, LMT, XOM because of the zero setup fees and no purchase fees at CompShare plus dividends.

By: Tim

Tim — Thu, 07 May 2009 03:29:54 +0000

DRIPs allow you to buy more cash shares during the dividend period, too.

By: Sun

Sun — Thu, 07 May 2009 02:26:31 +0000

@Tim You are right about the terminology. It’s indeed a DSPP plan, not really a DRIP, because I am also buying the shares, not just reinvesting the dividend, though the dividend reinvestment comes with the plan.

By: Tim

Tim — Wed, 06 May 2009 23:56:16 +0000

I think you are confusing terminology. What you have listed is XOM’s direct stock purchase plan (DSPP or DPP), not DRIP.

By: SunFinancial (Suns Financial Diary)

SunFinancial (Suns Financial Diary) — Wed, 06 May 2009 20:58:29 +0000

Adding Exxon Mobil to My DRIP List: I am still expanding my stock investments, this time through the DRIP progra.. http://tinyurl.com/crbrwz