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re: What is the best way to start purchasing dividend stocks?
Posted on 7/23/17 at 4:49 pm to Volvagia
Posted on 7/23/17 at 4:49 pm to Volvagia
So if I wanted to use Computershare to purchase AT&T on a set amount per month basis here are the fees:
Is the ongoing auto invest. fee monthly? What about the purchase processing fee? Will that only be charged if I deposit enough each month to purchase one share?
quote:
Initial Setup Fee $10.00
Cash Purchase Fee $5.00
Ongoing Automatic Investment Fee $2.50
Purchase Processing Fee (per share) $0.05
Dividend Reinvestment Fee 5% of amount reinvested up to a maximum of $3.00 plus $.10 purchase processing fee (per share) Batch Sales Fee $10.00
Batch Sales Processing Fee (per share) $0.10
Batch Maximum Sales Fee N/A
Market Order Sales Fee $20.00
Market Order Processing Fee (per share) $0.10
Market Order Maximum Sales Fee N/A
Is the ongoing auto invest. fee monthly? What about the purchase processing fee? Will that only be charged if I deposit enough each month to purchase one share?
Posted on 7/23/17 at 4:57 pm to LSUSUPERSTAR
Run, do not walk, from that fee structure.
This post was edited on 7/23/17 at 6:23 pm
Posted on 11/20/17 at 8:27 am to LSUSUPERSTAR
that fee structure is in part due to what T places on its direct stock purchases.
If you search through Computershare, and look at XOM, for example, it's actually a decent deal. Exxon charges very few fees. Some are worth it for passive investors, others aren't.
If you search through Computershare, and look at XOM, for example, it's actually a decent deal. Exxon charges very few fees. Some are worth it for passive investors, others aren't.
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