DRIP Investing, Step by Step
Automatic Investment Plans
More and more companies are offering "automatic investing plans" to enable their DRIP participants to make regular purchases of stock. Shareholders can establish a link between their bank account and their DRIP account. Each month, a sum is automatically transferred from the bank to the DRIP and then invested in additional shares of stock.
Companies such as Pacific Telesis Group, Exxon-Mobil, and Coca-Cola offer automatic plans for investors.