A is a program offered by a corporation that allows individual investors to purchase its shares without a broker.
: Most DSPPs allow the purchase of fractional shares , meaning if you invest $50 in a $100 stock, you own 0.5 shares. buy stock direct
: Shareholders in direct plans often receive materials and voting rights directly from the company or its agent rather than through a brokerage intermediary. The Trade-Offs A is a program offered by a corporation
The convenience of going direct comes with significant limitations compared to a standard brokerage account: How to Buy Stock Directly - EquityNet buy stock direct
: These plans are typically managed by a transfer agent (such as Computershare or Broadridge ) rather than the company’s internal staff.