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Merck offers a DRIP plan with an optional cash purchase option for DRIP investors. The company's optional cash purchase and dividend reinvestment fees are higher than average; however, the company pays a solid dividend and boasts a long history of annual dividend increases.
Investor Contact Information:
Transfer Agent: Wells Fargo
P.O. Box 64856
St. Paul, MN 55164
* 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 + $0.01/share (cash purchase)
$2 + $0.01/share (automatic investments)
|Dividend Reinvestment Fee:||4% ($2 max) + $0.01/share|
|Discount on Reinvested Dividends:||None|
|Direct Enrollment (DE):||Yes|
|DE Minimum Investment:||$350|
|Optional Cash Purchase:||Yes|
|OCP Purchase Frequency:||Weekly|
|Transfer Agent:||Wells Fargo|