Tag Archives: stock purchase plans

Direct stock purchase plans

Business chart with glowing arrows and world map

Definition:  An investment service that allows individuals to purchase a stock directly from a company or through a transfer agent. Not all companies offer DSPPs and the plans often have restrictions on when an individual can purchase shares. Example:  The greatest benefit of using direct stock purchase plans for investors is the ability to avoid commissions by not going through brokers. DSPPs often have minimum deposit requirements that … Continue reading Direct stock purchase plans »