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Spreadsheet for anyone interested in DRIPs

Posted on 6/12/14 at 9:20 pm
Posted by bayoubengals88
LA
Member since Sep 2007
18931 posts
Posted on 6/12/14 at 9:20 pm
I've listed several large companies through which I'm considering starting a direct re-investment plan.
I'll probably choose 5 or 6 before the end of the year and slowly add to them over time.
I'd like to be able to live on their dividends in 30 years like I read about on so many blogs.

I have an extremely limited knowledge of finance, stocks, economics etc. and I'm even worse at math....so if I got an entire column or two wrong then please let me know.

Obviously these numbers will change daily, but you get the idea.

Row M is the site that allows you to purchase your first share in the company. The stock must be in YOUR name, not a "street" name...so this is important. firstshare, directinvesting, computershare
Row N is where you would go to buy subsequent shares. Again, these are correct to the best of my knowledge.

I was quite confused at first so I made this spreadsheet to have all the info in front of me.
Enjoy!
This post was edited on 6/12/14 at 9:34 pm
Posted by DaBeerz
Member since Sep 2004
16933 posts
Posted on 6/12/14 at 10:06 pm to
I have Exxon, coke, caterpillar through Computershare, really easy to use....it really adds up once you get going. Good luck
Posted by Oenophile Brah
The Edge of Sanity
Member since Jan 2013
7540 posts
Posted on 6/13/14 at 10:11 am to
Bookmarked

Thanks
Posted by bayoubengals88
LA
Member since Sep 2007
18931 posts
Posted on 6/13/14 at 10:23 am to
I'm on vacation for another week with nothing to do so I'll probably add a few more. Any suggestions?
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