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    Categories: BusinessUS

How to Buy Coca Cola Stock for $10

The Coca Cola Company (KO) engages in the manufacture, distribution, and marketing of nonalcoholic beverage concentrates and syrups worldwide. It principally offers sparkling and still beverages. Founded in 1886, headquartered in Atlanta, Georgia the Coca Cola Company is the largest beverage company in the world. Coca Cola is a member of the Dow Industrial 30.

 

The Coca Cola Company (KO) offers a Dividend Reinvestment Plan to all shareholders of record. If you own shares of Coca Cola with a broker you can get them transferred to Computershare Trust Company, for a small fee usually $25-$30. If you do not own shares, open an account at Sharebuilder.com, Scottrade.com or TDameritrade.com and purchase one share.

 

Once enrolled in the plan, you can purchase stock at a $10 per transaction computing your account to fractional shares up to six decimal places. For example if the share price is $43 and you invest $10 the shares purchased will be .232558. Each investment is made on the 1st of the month, except in a month when the dividends are paid then the dividend and optional cash investments are made together. Dividends are paid in April, July, October and December.

 

With the reinvestment of dividends and optional cash investments your position in The Coca Cola Company will grow in no time.

 

 

Mkemo London: Freelance Photographer and writer
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