The Dividend Investing Resource Center

Discover how Dividend Reinvestment Plans (DRIPs) can amplify your investment portfolio by automatically reinvesting company dividends into additional shares.

By leveraging the power of compounding, you can escalate your shareholdings over time.

What is dividend investing?

Dividend investing is a means of building wealth over a long period of time with reduced risk.

Many brokers offer fee-free purchases and reinvestments and the ability to reinvest fractional shares.

Dividend investing is for the long term buy-and-hold type investor who wants to sleep at night while their investments steadily build.

What is DRIP?

The term DRIP is an abbreviation for dividend reinvestment plans, which offer investors the opportunity to reinvest all, or a portion, of their dividend payments back into a company’s stock. Oftentimes, companies will allow investors to purchase additional shares of stock through these programs too.

What is DRIP investing?

Dividend reinvestment plans are sponsored by companies that allow individual investors to purchase common stock without going through a broker. The name comes from the plan’s policy of allowing the investor to automatically reinvest dividends to purchase additional shares of stock.

Many DRIPs are offered to investors free of any participation costs, while others charge relatively small administration fees or commissions. While the name implies these plans are limited to reinvesting stock dividends, some plans allow participants to directly purchase a company’s stock. This enhanced practice is sometimes referred to as optional cash purchases or OCPs.

Advantages of DRIP

A large number of companies offer dividend reinvestment programs, and participation rules are usually outlined in the investor section of the company’s website. Since these plans are flexible enough to allow even small purchases without a broker’s fee, it’s hard to find any downside to these offerings. In fact, there are several significant advantages of these programs including:

Low cost of entry

Investors don’t need a lot of money to enroll in these programs.

Most companies allow the purchase of just a single share of stock, and often this purchase is at a discount.

Cost-effective

Since the investor isn’t paying brokerage fees, all of the money is put to work.

Over 100 companies allow investors to purchase stock at a discount to the current market price through optional cash purchase plans, or OCPs.

DCA

Finally, many of the DRIPs allow investors to purchase stock through automated weekly or monthly deductions.

This long-term purchase strategy provides the investor with a less painful, and more structured, approach to buying stocks.

CCC list

Dividend Stocks

Here are some of the top performing dividend stocks.

Dividend Stocks

Logo Symbol Stock Type Company Sector Industry Price Div Yield 5Y Avg Yield Current Div Payouts/Year Annualized Previous Div Ex-Date Pay-Date Low High Chowder Number DGR 1Y DGR 3Y DGR 5Y DGR 10Y TTR 1Y TTR 3Y FV (Peter Lynch) FV (Peter Lynch) % EPS 1Y Revenue 1Y NPM CF/Share ROE Current R Debt/Capital ROTC P/E P/BV PEG
VSTVSTChallengerVistra Corp.UtilitiesUtilities – Independent Power Producers$211.2842.79%215.20%$0.2264$0.904$0.225Sep 19, 2025$90.51$217.9011.53.6%9.6%11.1%97.8%110.1%$31.15578.0%0.0%16.5%11.9%$12.4739.3%0.987.0%12.2%33.9x30.5x0.80
KKRKKRChallengerKKR & Co. Inc.Financial ServicesAsset Management$148.9249.69%84.56%$0.1854$0.740$0.185Aug 11, 2025$86.15$170.407.25.9%6.3%6.7%-8.1%12.9%50.4%$10.551,312.0%0.0%27.1%0.0%$5.337.5%1.667.0%0.0%70.6x5.2x2.27
JPMJPMContenderJP Morgan Chase & Co.Financial ServicesBanks – Diversified$314.78177.90%264.22%$1.4004$5.600$1.400Jul 3, 2025$202.16$315.809.820.5%9.8%8.0%12.4%55.0%46.0%$97.40223.0%0.0%12.3%31.4%$-54.0516.2%55.0%7.5%16.2x2.6x2.55
ARESARESChallengerAres Management CorporationFinancial ServicesAsset Management$183.00244.81%299.66%$1.1204$4.480$1.120Sep 16, 2025$110.63$200.4925.520.5%23.1%23.1%15.8%22.7%44.9%$8.801,980.0%0.0%16.0%24.1%$18.8013.4%0.582.0%6.1%104.0x13.8x3.87
CATCATChampionCaterpillar, Inc.IndustrialsFarm & Heavy Construction Machinery$466.54129.46%191.55%$1.5104$6.040$1.410Jul 21, 2025$267.30$472.128.28.1%8.2%6.9%7.2%30.1%43.0%$98.20375.0%0.0%-3.4%15.0%$24.2852.7%1.360.0%20.7%23.8x11.7x1.32
SCCOSCCOChallengerSouthern Copper CorporationBasic MaterialsCopper$109.99216.02%328.45%$0.7923$2.376$0.686Aug 15, 2025$73.44$118.4564.157.3%-9.9%61.9%21.3%13.5%39.9%$22.20395.0%0.0%15.5%30.4%$5.5438.9%5.342.0%22.1%24.8x9.3x
OMFOMFChallengerOneMain Holdings, Inc.Financial ServicesCredit Services$60.83683.87%1,292.57%$1.0404$4.160$1.040Aug 4, 2025$38.00$63.250.62.0%5.4%-6.2%43.0%39.6%$40.7649.0%0.0%5.3%14.0%$24.1320.5%87.0%2.7%11.0x2.2x0.42
IBMIBMChampionInternational Business MachinesTechnologyInformation Technology Services$266.40252.25%447.84%$1.6804$6.720$1.680Aug 8, 2025$203.51$296.164.00.6%0.6%1.5%3.9%29.0%34.8%$31.05758.0%0.0%1.4%9.1%$14.2622.7%0.968.0%7.0%42.9x9.0x6.06
WMTWMTChampionWalmart Inc.Consumer DefensiveDiscount Stores$102.3391.86%135.04%$0.2354$0.940$0.235Aug 15, 2025$78.98$106.115.912.2%7.1%5.0%3.5%31.9%34.1%$66.2554.0%0.0%5.0%3.1%$4.8223.4%0.838.0%15.0%38.6x9.1x3.02
MAINMAINContenderMain Street Capital CorporationFinancial ServicesAsset Management$65.78547.28%881.49%$0.30012$3.600$0.255Sep 19, 2025$47.00$67.7716.53.6%12.9%11.0%4.8%50.6%33.9%$30.40116.0%0.0%8.1%96.2%$3.3519.7%2.143.0%10.7%10.8x2.0x
AMATAMATChallengerApplied Materials, Inc.TechnologySemiconductor Equipment & Materials$190.1096.79%83.61%$0.4604$1.840$0.460Aug 21, 2025$123.74$215.7015.819.4%19.8%14.9%15.7%0.9%32.4%$209.50-9.0%0.0%2.5%23.9%$9.6735.6%2.523.0%27.6%22.7x7.8x13.58
WMBWMBChallengerWilliams Companies, Inc. (The)EnergyOil & Gas Midstream$60.11332.72%537.79%$0.5004$2.000$0.500Sep 12, 2025$44.56$63.457.95.4%5.4%4.6%1.3%41.6%31.7%$9.90507.0%0.0%-3.7%21.6%$4.3817.4%0.567.0%6.5%30.4x5.9x2.39
HTGCHTGCChallengerHercules Capital, Inc.Financial ServicesAsset Management$19.52963.11%1,338.79%$0.4704$1.880$0.470Aug 12, 2025$15.65$22.0415.1-5.7%-0.9%5.4%3.9%19.7%31.3%$7.60157.0%0.0%7.2%51.5%$-1.6712.9%0.649.0%6.7%12.8x1.6x3.45
MPLXMPLXContenderMPLX LPEnergyOil & Gas Midstream$50.33760.58%1,101.36%$0.9574$3.828$0.957Aug 8, 2025$43.53$54.8714.512.6%4.1%6.9%9.2%32.4%30.9%$21.05139.0%0.0%5.8%35.3%$5.9631.1%1.059.0%12.7%12.0x3.7x1.49
MSFTMSFTContenderMicrosoft CorporationTechnologySoftware – Infrastructure$517.9364.10%79.83%$0.8304$3.320$0.830Aug 21, 2025$344.79$555.4510.910.7%10.2%10.2%10.3%20.7%30.4%$68.10661.0%0.0%14.9%36.2%$18.3233.3%1.414.0%27.4%38.0x11.2x2.20
MOMOChampionAltria Group, Inc.Consumer DefensiveTobacco$64.89653.41%903.14%$1.0604$4.240$1.020Sep 15, 2025$48.86$68.6010.64.0%4.2%4.0%6.8%46.9%26.6%$25.85151.0%0.0%-0.3%43.4%$5.280.41.2%43.1%12.6x—x4.31
KMIKMIChallengerKinder Morgan, Inc.EnergyOil & Gas Midstream$27.42427.43%644.15%$0.2934$1.172$0.293Jul 31, 2025$21.61$31.486.81.8%2.0%2.5%-4.6%37.0%25.0%$6.10350.0%0.0%-1.5%17.1%$2.518.9%0.751.0%4.5%22.5x2.0x3.36
ABBVABBVContenderAbbVie Inc.HealthcareDrug Manufacturers – General$222.47294.87%413.31%$1.6404$6.560$1.640Jul 15, 2025$163.81$223.4910.05.5%5.4%7.0%12.9%22.6%21.5%$10.452,029.0%0.0%3.7%6.5%$10.92112.9%0.7100.0%5.9%106.4x—x5.61
BACBACContenderBank of America CorporationFinancial ServicesBanks – Diversified$52.25214.35%243.27%$0.2804$1.120$0.260Sep 5, 2025$33.07$52.6610.28.2%7.6%8.0%18.1%35.5%21.1%$17.05206.0%0.0%3.4%25.4%$-3.069.5%53.0%4.6%15.3x1.4x0.95
EPDEPDChampionEnterprise Products Partners L.EnergyOil & Gas Midstream$31.69687.91%842.55%$0.5454$2.180$0.535Jul 31, 2025$27.77$34.6310.74.1%4.9%3.8%3.7%23.6%19.0%$13.35137.0%0.0%13.1%10.7%$4.0720.2%1.052.0%9.9%11.9x2.4x1.68
FDXFDXChallengerFedEx CorporationIndustrialsIntegrated Freight & Logistics$231.75250.27%188.35%$1.4504$5.800$1.450Sep 8, 2025$194.30$308.5319.37.2%14.2%16.8%20.2%-4.6%18.0%$426.50-46.0%0.0%0.3%4.7%$32.0615.0%1.355.0%6.7%13.6x2.0x0.86
AAPLAAPLContenderApple Inc.TechnologyConsumer Electronics$245.5042.36%52.08%$0.2604$1.040$0.260Aug 11, 2025$169.21$260.105.54.1%4.3%5.1%7.5%8.5%17.9%$32.90646.0%0.0%2.0%24.3%$7.32149.8%0.956.0%67.7%37.3x55.4x4.41
ENBENBChampionEnbridge IncEnergyOil & Gas Midstream$49.46276.18%660.77%$0.6832$1.366$0.680Aug 15, 2025$39.73$49.55-0.12.3%-8.7%-2.9%3.4%32.8%15.0%$37.4432.0%0.0%22.5%9.7%$5.939.9%0.862.0%4.1%24.0x1.8x3.25
ASBASBContenderAssociated Banc-CorpFinancial ServicesBanks – Regional$26.27350.21%406.25%$0.2304$0.920$0.230Sep 2, 2025$18.32$28.188.54.5%4.8%5.0%8.7%30.0%14.2%$17.5050.0%0.0%-5.9%11.5%$3.333.1%18.0%2.2%37.5x1.0x5.81
DEDEChallengerDeere & CompanyIndustrialsFarm & Heavy Construction Machinery$469.63103.49%119.33%$1.6203$4.860$1.620Jun 30, 2025$387.03$533.7816.89.9%13.9%15.8%10.2%18.9%12.7%$479.00-2.0%0.0%-19.5%13.8%$31.6521.4%2.264.0%7.8%24.5x5.0x1.73
XOMXOMChampionExxon Mobil CorporationEnergyOil & Gas Integrated$112.82351.00%423.41%$0.9904$3.960$0.990Aug 15, 2025$97.80$126.346.14.2%4.0%2.6%3.4%5.0%12.6%$35.20221.0%0.0%1.5%9.2%$12.7411.8%1.311.0%10.4%16.0x1.8x1.32
VZVZContenderVerizon Communications Inc.Communication ServicesTelecom Services$43.48623.74%650.87%$0.6784$2.712$0.678Jul 10, 2025$37.59$47.368.22.0%1.9%2.0%2.1%11.2%12.3%$21.50102.0%0.0%0.6%13.3%$8.8018.5%0.658.0%7.5%10.1x1.8x3.16
FANGFANGChallengerDiamondback Energy, Inc.EnergyOil & Gas E&P$139.67286.39%453.93%$1.0004$4.000$1.000Aug 14, 2025$114.00$200.4727.2-63.8%-18.5%24.3%-18.6%9.0%$69.00102.0%0.0%31.6%27.3%$26.1913.8%0.628.0%7.5%10.1x1.1x
MDTMDTChampionMedtronic plc.HealthcareMedical Devices$95.08298.70%286.56%$0.7104$2.840$0.700Jun 27, 2025$79.29$96.258.035.1%3.0%5.0%8.1%13.2%8.7%$90.505.0%0.0%3.6%13.6%$5.579.7%2.035.0%6.3%26.3x2.5x3.35
PGPGChampionProcter & Gamble Company (The)Consumer DefensiveHousehold & Personal Products$156.04270.96%250.95%$1.0574$4.228$1.057Jul 18, 2025$149.91$180.438.86.0%5.0%6.1%4.7%-5.7%8.3%$32.55379.0%0.0%0.3%19.0%$7.6131.2%0.733.0%20.9%24.0x7.1x4.00
BENBENChampionFranklin Resources, Inc.Financial ServicesAsset Management$24.42655.20%471.90%$0.3205$1.600$0.320Jun 27, 2025$16.25$26.0810.03.3%3.4%3.5%1.7%31.2%8.2%$2.55858.0%0.0%8.0%3.7%$3.172.1%4.452.0%1.3%47.9x1.0x2.58
KOKOChampionCoca-Cola Company (The)Consumer DefensiveBeverages – Non-Alcoholic$66.43307.09%307.91%$0.5104$2.040$0.510Sep 15, 2025$60.62$74.387.45.2%5.0%4.3%4.5%-1.6%8.1%$14.10371.0%0.0%2.4%25.8%$0.3042.4%1.261.0%17.4%23.6x10.0x2.96
MTBMTBChallengerM&T Bank CorporationFinancial ServicesBanks – Regional$202.02297.00%323.13%$1.5004$6.000$1.350Sep 2, 2025$150.75$225.707.74.7%5.0%4.8%7.1%18.9%7.8%$77.15162.0%0.0%-3.8%27.0%$20.019.5%32.0%6.7%13.1x1.2x0.91
VICIVICIChallengerVICI Properties Inc.Real EstateREIT – Diversified$31.84565.33%554.47%$0.4504$1.800$0.433Sep 18, 2025$27.98$34.0313.64.2%-1.5%8.0%7.3%7.8%$13.05144.0%0.0%6.6%70.2%$2.3010.5%17.640.0%6.2%12.2x1.3x
NNNNNNChampionNNN REIT, Inc.Real EstateREIT – Retail$42.12569.80%552.27%$0.6004$2.400$0.580Jul 31, 2025$35.80$49.578.22.9%3.0%2.5%3.3%-1.6%7.3%$10.50301.0%0.0%5.0%43.9%$3.439.2%1.850.0%4.5%20.1x1.8x5.81
KMBKMBChampionKimberly-Clark CorporationConsumer DefensiveHousehold & Personal Products$124.62404.43%371.62%$1.2604$5.040$1.260Sep 5, 2025$124.10$150.457.43.3%2.7%3.4%3.7%-4.4%6.2%$36.60240.0%0.0%-1.8%12.9%$8.66184.2%0.884.0%31.2%17.0x32.6x5.75
ADCADCChallengerAgree Realty CorporationReal EstateREIT – Retail$71.22395.39%432.66%$0.25611$2.816$0.256Aug 29, 2025$67.58$79.659.42.5%3.5%5.4%5.4%3.9%6.2%$8.40748.0%0.0%14.8%27.0%$4.213.5%1.136.0%2.2%42.4x1.4x5.48
JNJJNJChampionJohnson & JohnsonHealthcareDrug Manufacturers – General$176.19295.14%289.87%$1.3004$5.200$1.300Aug 26, 2025$140.68$181.168.34.5%5.1%5.3%5.8%14.0%6.1%$233.50-25.0%0.0%4.3%25.0%$9.5630.2%1.033.0%20.7%18.9x5.4x4.01
CVXCVXChampionChevron CorporationEnergyOil & Gas Integrated$156.21437.87%444.62%$1.7104$6.840$1.710Aug 19, 2025$132.04$168.9610.35.6%6.5%6.0%4.7%16.9%6.0%$38.80303.0%0.0%0.9%7.0%$15.959.0%1.014.0%7.9%20.1x1.8x0.98
TROWTROWChampionT. Rowe Price Group, Inc.Financial ServicesAsset Management$105.99479.29%456.84%$1.2704$5.080$1.270Sep 15, 2025$77.85$125.8112.62.2%2.6%7.9%2.4%7.8%5.8%$44.65137.0%0.0%9.8%28.0%$6.9818.7%4.34.0%18.5%11.9x2.2x2.46
OOChampionRealty Income CorporationReal EstateREIT – Retail$59.16500.17%524.16%$0.26911$2.959$0.269Sep 2, 2025$50.71$64.888.53.1%3.0%3.5%3.9%7.0%5.5%$5.151,049.0%0.0%27.4%17.5%$4.002.4%1.541.0%1.4%57.4x1.4x4.13
EOGEOGChallengerEOG Resources, Inc.EnergyOil & Gas E&P$116.00336.21%528.83%$0.9754$3.900$0.975Jul 17, 2025$102.52$138.1827.0-24.1%-24.6%23.7%19.0%-1.9%4.5%$51.55125.0%0.0%-2.0%25.3%$19.5519.6%1.811.0%17.3%11.3x2.2x0.94
INFYINFYChallengerInfosys LimitedTechnologyInformation Technology Services$16.97302.89%234.99%$0.2572$0.514$0.250May 30, 2025$15.82$23.6319.2-8.0%7.4%16.1%11.1%-21.5%4.4%$3.85341.0%0.0%6.1%16.4%$1.0130.4%2.26.0%2,362.7%22.0x6.4x3.01
SWKSWKChampionStanley Black & Decker, Inc.IndustrialsTools & Accessories$76.67433.02%325.35%$0.8304$3.320$0.820Sep 2, 2025$53.91$110.887.81.2%1.2%3.5%4.5%-21.9%3.6%$15.80385.0%0.0%-2.6%3.2%$4.905.4%1.034.0%3.4%24.3x1.3x0.87
SBUXSBUXContenderStarbucks CorporationConsumer CyclicalRestaurants$84.56288.55%220.98%$0.6104$2.440$0.610Aug 15, 2025$75.50$117.4611.27.0%7.6%8.3%14.3%-7.1%3.3%$11.55632.0%0.0%0.6%7.2%$4.310.81.5%17.0%36.6x—x1.60
COPCOPChallengerConocoPhillipsEnergyOil & Gas E&P$91.92339.43%363.79%$0.7804$3.120$0.780Aug 18, 2025$79.88$116.0816.6-11.4%0.9%13.2%0.6%-10.7%-1.1%$37.30146.0%0.0%-2.8%15.3%$15.8715.9%1.326.0%11.1%12.3x1.8x2.01
PEPPEPChampionPepsico, Inc.Consumer DefensiveBeverages – Non-Alcoholic$141.76401.52%308.74%$1.4234$5.692$1.423Sep 5, 2025$127.60$177.5011.06.0%7.7%7.0%7.4%-10.6%-1.3%$27.45416.0%0.0%0.4%8.2%$8.9039.9%0.868.0%13.2%25.8x10.5x4.40
NEENEEChampionNextEra Energy, Inc.UtilitiesUtilities – Regulated Electric$71.08319.08%254.88%$0.5674$2.268$0.567Aug 28, 2025$61.72$86.1013.410.1%10.1%10.2%11.3%-8.7%-1.5%$14.35395.0%0.0%-12.0%22.8%$5.937.6%0.562.0%4.7%24.8x2.9x3.44
IIPRIIPRChallengerInnovative Industrial PropertieReal EstateREIT – Industrial$57.43992.51%730.24%$1.9003$5.700$1.900Jun 30, 2025$45.44$138.3524.63.5%5.3%14.6%-46.4%-3.3%$23.15148.0%0.0%-0.3%46.7%$8.047.2%2.114.0%6.2%12.4x0.9x1.64
AMCRAMCRChallengerAmcor plcConsumer CyclicalPackaging & Containers$8.26619.85%454.75%$0.1284$0.512$0.128May 22, 2025$8.16$11.482.7-23.2%-7.2%-3.5%6.9%-17.5%-3.9%$1.60416.0%0.0%10.0%3.4%$0.606.6%1.256.0%3.3%25.8x1.6x2.57
ADMADMChampionArcher-Daniels-Midland CompanyConsumer DefensiveFarm Products$61.65330.90%277.87%$0.5104$2.040$0.510Aug 20, 2025$40.98$64.3810.64.1%8.9%7.3%6.5%7.9%-6.7%$11.50436.0%0.0%-9.0%1.3%$11.614.8%1.428.0%3.6%26.8x1.3x1.62
BMYBMYContenderBristol-Myers Squibb CompanyHealthcareDrug Manufacturers – General$45.02550.87%375.26%$0.6204$2.480$0.620Jul 3, 2025$42.96$63.3312.43.8%5.2%6.9%5.3%0.6%-8.9%$62.25-28.0%0.0%7.3%10.6%$7.8129.3%1.273.0%7.7%18.1x5.3x
GISGISChallengerGeneral Mills, Inc.Consumer DefensivePackaged Foods$50.35484.61%346.38%$0.6104$2.440$0.600Jul 10, 2025$48.29$74.989.11.7%5.2%4.2%3.6%-26.3%-10.2%$132.25-62.0%0.0%-1.9%15.2%$5.0430.9%0.756.0%13.5%9.5x2.8x2.33
WPPWPPChallengerWPP plcCommunication ServicesAdvertising Agencies$24.041,279.53%465.32%$1.5382$3.076$0.954Jun 6, 2025$24.02$57.374.9-0.1%5.5%-7.9%-1.7%-44.8%-10.5%$11.80104.0%0.0%-4.2%0.0%$4.2312.3%0.964.0%0.0%10.2x8.2x
UNHUNHContenderUnitedHealth Group IncorporatedHealthcareHealthcare Plans$336.69262.56%154.28%$2.2104$8.840$2.210Sep 15, 2025$234.60$630.7315.78.3%11.6%13.1%17.3%-38.6%-11.1%$115.50192.0%0.0%7.7%5.0%$31.9721.7%0.944.0%12.8%14.6x3.2x1.29
PFEPFEContenderPfizer, Inc.HealthcareDrug Manufacturers – General$24.03715.77%506.74%$0.4304$1.720$0.430Jul 25, 2025$20.92$30.4310.92.4%2.5%3.7%5.1%-6.4%-12.0%$36.95-35.0%0.0%8.8%16.8%$2.6712.2%1.239.0%7.3%12.7x1.5x6.17
TGTTGTChampionTarget CorporationConsumer DefensiveDiscount Stores$88.13517.42%267.83%$1.1404$4.560$1.120Aug 13, 2025$87.35$161.5016.31.8%6.0%11.1%7.8%-37.8%-12.6%$214.50-59.0%0.0%-0.8%3.7%$14.0526.3%1.055.0%11.9%10.3x2.6x1.21
DVNDVNChallengerDevon Energy CorporationEnergyOil & Gas E&P$33.96282.69%583.17%$0.2404$0.960$0.240Sep 15, 2025$25.89$43.3010.2-53.0%-41.4%7.3%-0.2%-12.1%-14.1%$22.2053.0%0.0%4.5%16.6%$10.7320.7%1.236.0%12.2%7.7x1.4x0.89
UPSUPSContenderUnited Parcel Service, Inc.IndustrialsIntegrated Freight & Logistics$84.06780.39%410.84%$1.6404$6.560$1.640Aug 18, 2025$82.00$145.0118.20.6%5.5%10.4%8.6%-25.1%-14.6%$33.60150.0%0.0%0.1%6.3%$10.1634.9%1.363.0%14.1%12.5x4.5x1.14
DGDGChallengerDollar General CorporationConsumer DefensiveDiscount Stores$102.11231.12%139.66%$0.5904$2.360$0.590Jul 8, 2025$66.43$117.9514.00.0%6.8%11.7%13.6%24.7%-22.8%$135.00-24.0%0.0%5.0%2.9%$14.3515.6%1.366.0%5.1%18.9x2.8x1.97

For beginners

Getting started

Starting with DRIP investing is simple. It’s about making small, regular investments grow over time, just like how Coca-Cola started. Here, we’ll explain the easy steps from your first dividend to picking a DRIP plan that fits you. Let’s get those dividends to build up your savings.

Participating in the DRIP

Generally, there are three ways investors can participate in dividend reinvestment plans: company-run plans, transfer agent plans, and brokerage plans

Company run plans

Many companies run these programs through their investor relations or shareholder services departments. Several companies have even started to offer Individual Retirement Accounts in addition to their reinvestment plans.

Companies may have participation rules that include owning at least one share prior to joining the dividend reinvestment plan. They may also require the stock to be in the investor’s name rather than street name.

A phone call to the shareholder services department is an effective way to learn about company-specific participation rules.

Transfer agent plans

Due to the overwhelming popularity of some DRIPs, companies may engage the help of transfer agents to administer their programs. The transfer agent is a third-party broker that typically runs plans for many different companies.

Since the transfer agent is running multiple programs using the same resources, they can do it more cost-effectively than some of the issuing companies.

Some of the larger transfer agents include American Stock Transfer & Trust CompanyMellon Investor Services, and ComputerShare.

Brokerage plans

While dividend reinvestment programs reduce the fees collected by traditional brokerage houses, many of these firms now attempt to mirror DRIPs by offering the ability to reinvest dividends without charging a fee.

Unfortunately, these plans usually lack the most attractive feature of a real DRIP: The cash purchase of new shares of stock without fees.

More on DRIP brokers

Strategies

Dividend investing strategies

Learn about Dividend Investing Strategies in a way that’s easy to understand. This section will show you how to pick good stocks that pay dividends and make a plan to earn regular income from them. Get ready to grow your money smarter.

dividend champions

Future dividend champions

Meet the Future Dividend Champions. These companies are on track to becoming top picks for investors who love getting regular dividend payments. In this section, we’ll show you why these stocks stand out and how they could help give your investments a boost over time. Start exploring which one might be the champion for your portfolio.

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Dividend champions spreadsheet

Dividend champions are companies that have consistently raised their dividends each year for multiple years in a row.

Use our Dividend Champions spreadsheet for the latest list of dividend champions, contenders, and challengers.

Updated monthly on the 1st.

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resources & tools

Resources for the dividend investor

Fill your investor’s toolbox with our handpicked list of easy-to-read books. If you’re just starting or already know a lot about investing, these books are full of tips and advice to help you make money with dividends. Check out our favorites and learn new ways to improve your investments.

For experts

Deep dive into drip investing

Dive into the world of dividend reinvestment. Find out how to pick stocks that can grow your money and learn easy ways to save on taxes. These articles will help you understand how to make smart choices for building your investments over time.

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