Adding the power of compounding dividends, regular dividend increases and appreciating share value will produce a much higher investment value over many years. I strongly recommend you reinvest your dividends – at least until you need them for income.
The Computershare web site isn’t the friendliest. But setting up your Computershare DRIP account to automatically reinvest dividends is easy despite awkward site navigation.
The embedded slide presentation contains instructions to will help you avoid minor inconveniences I’ve run into on http://www.computershare.com/.
Transaction costs are the subject of the next post.
Link to Topics in the Special Report - How to Get Rich Slowly DRIP by DRIP