Has anyone heard about KO buying out Vermont Pure Spring Water(VPUR nasdaq). VPUR was up huge, 36.51% one day move last friday. It has been rumored that KO and VPUR have been negotiating timing and terms for buyout. KO has distribution rights to 95% of Vermont Pure Spring H2O total distribution channels, so I guess it would make sense. Any feedback would be appreciated!!!
Correct - any money mailed in on the KO drip has no fee. But if you do a periodic funds transfer (like from your checking or savings account) there is a $1.00 service charge. So it is better to mail it in except that one has to have $ available toward the end of the month (most difficult for me). They debit your checking account three days before the investment date, by the way........
KO is a great DRIP stock. You will make money over the years.....
It was standard not charging a fee for DRiP in good old days. But things changed a bit because DRiPs caught more people's
attention. There are few stocks which still don't charge fees for DRiPs. They are Intel, Motorola, Pepsi, etc. I strongly recommend AFL
DRiP, it outperformed KO, it is in a francise business, not a commodity business (no pricing pressure). Also check out href=http://www.better-investing.org target=new >http://www.better-investing.org for DRiPs and your very own first share of stock (in order to start your
DRiP). Good Luck.
I'm evaluating whether or not to get into KO's DRP. The one thing I noticed was a $1.00 flat fee for each transaction (ie, automatic deductions from each paycheck). I think this would be the only fee, unless of course I sold. However, does anyone know if this is pretty standard for DRP's? This fee equates to 2% if the deduction is $50 each paycheck, which is something to consider. Any insight would be appreciated.