Commission-Free Investing

Direct Investing Plans That Charge No Fees or Commissions

Being aware of the fees charged to participate in the direct investing programs of certain companies is very important as, over time, these fees can significantly impact the value of your DRIP portfolio. While some companies can charge exhorbitant fees, many companies charge minimal, or no, fees to participate in their direct investing plans.

The following is a list of companies that offer no-fee direct investing plans -- or DRIPs. When participating in the direct investing plans of the companies listed below, you will pay NO fees or commissions when you purchase additional shares or reinvest your dividends. You may enroll through these plans by purchasing your first, qualifying share through First Share's program for DRIP investors. Click on the "Get started!" link to get more information on each companies' DRIP plan and to get started.

Company Name Ticker Symbol Industry Transfer Agent Phone More Info
3M MMM Diversified Wells Fargo 800-401-1952 Get started!
Abbott Labs ABT Pharmaceuticals Computershare 888-332-2268 Get started!
AFLAC AFL Insurance AFLAC IR 800-227-4756 Get started!
Albemarle Corp. ALB Specialty Chemicals Wells Fargo 800-468-9716 Get started!
Bank of America BAC Banking Computershare 800-642-9855 Get started!
Beam, Inc. BEAM Alcoholic Beverages Wells Fargo 800-225-2719 Get started!
Callaway Golf ELY Recreational BNY Mellon 800-368-7068 Get started!
Capital One COF Financial Serv. Computershare 888-985-2057 Get started!
CenturyLink CTL Telecom Computershare 800-969-6718 Get started!
Charles Schwab SCHW Inv. Bank Wells Fargo 800-468-9716 Get started!
Coca-Cola Ent. CCE Beverages BNY Mellon 800-418-4223 Get started!
Dr. Pepper Snapple DPS Beverages Computershare 877-745-9312 Get started!
Duke Energy DUK Utilities Duke Energy IR 800-488-3853 Get started!
Edison International EIX Elec. Utility Wells Fargo 800-347-8625 Get started!
Exxon Mobil XOM Oil Computershare 800-252-1800 Get started!
General Mills GIS Food Wells Fargo 800-670-4763 Get started!
H.J. Heinz HNZ Food Wells Fargo 800-253-3399 Get started!
Hasbro HAS Toys/Games Computershare 800-733-5001 Get started!
Hershey Co. HSY Candy BNY Mellon 800-851-4216 Get started!
Hormel HRL Food Computershare 800-577-0177 Get started!
Kellogg Co. K Food Wells Fargo 877-910-5385 Get started!
Limited Brands LTD Apparel BNY Mellon 866-875-7975 Get started!
Lockheed Martin LMT Aerospace/Defense Computershare 877-498-8861 Get started!
Morgan Stanley MS Inv. Bank BNY Mellon 866-614-9640 Get started!
Novartis NVS Pharmaceuticals JP Morgan 877-816-5333 Get started!
Office Max OMX Specialty Retail Wells Fargo 800-248-5784 Get started!
Parker-Hannifin PH Diversified Manufacturing Wells Fargo 800-468-9716 Get started!
Paychex PAYX Data Proc. American Stock Trans. 877-814-9688 Get started!
Piedmont Nat. Gas PNY Nat. Gas American Stock Trans. 800-937-5449 Get started!
Sempra Energy SRE Nat. Gas American Stock Trans. 877-7SEMPRA Get started!
Snyders-Lance LNCE Food Computershare 866-499-2532 Get started!
Southern Co. SO Elec. Utility BNY Mellon 800-554-7626 Get started!
Xerox XRX Elect. Equipment Computershare 800-828-6396 Get started!

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