Kraft Foods is one of my DRIP plans. |
For example, after a one-time setup fee, I purchase $75 of Kraft Foods each month. The bank debit costs .80 cents and the rest of my money buys shares of Kraft in whole and fractional shares to three decimal places! Kraft pays quarterly dividends in January, April, July, and October and has an over 3% annual yield. I have become a huge fan of DRIP plans lately as a big part of my long term wealth plan.
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