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American Express offers a DRIP plan with an optional cash purchase option for DRIP investors. The company's DRIP fees are higher than average, but AXP pays a very solid, and predictable, dividend.
Investor Contact Information:
Transfer Agent: Computershare CIP
Mail: P.O. Box 505000
Louisville, KY 40233
Phone: (800) 463-5911
* By clicking this button you will initiate a share purchase request to other FirstShare community members.
|DRIP Plan Summary:||Fees/Investment Options|
|Consecutive Years of Higher Dividends:||6|
|Purchase Fee:||$5 + $0.06/share (cash purchase)
$5 + $0.06/share (automatic investments)
|Dividend Reinvestment Fee:||10% (max $0.75) + $0.06/share|
|Discount on Reinvested Dividends:||NONE|
|Direct Enrollment (DE):||Yes|
|DE Minimum Investment:||$1,000 (doesn't apply to FirstShare members)|
|Optional Cash Purchase:||Yes|
|OCP Purchase Frequency:||Weekly|