How to buy Coca Cola Co. Stock for $50

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 $50 per transaction computing your account to fractional shares up to six decimal places. For example if the share price is $43 and you invest $50 the shares purchased will be 1.162791. Each investment is made weekly, 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

Difficulty: Moderately Easy

Instructions

1. If you own shares of Coca-Cola in your own name log on to computershare.com and create an account.

2. Buy one share from a broker like sharebuilder.com or TDameritrade.com If you own shares at a broker like sharebuilder.com get your shares transferred to computershare.com usually for a fee $25-$30.

3. Log on to computershare.com and start investing at $50 a transaction and some fees. If you have an automated debit to your account from a US bank there is a fee of $2.

Resources

• All About DRIPS

[psychocounselor]

on 6/24/2009 Very good article on how to buy a cocacola stock for $50. I need to learn more about finances.

[MidniteWriter]

on 6/23/2009 Very good stock tips on coca cola! There is hope after all! 5* and recommendation!

[karileighk]

on 6/23/2009 I might do this. Thanks.

[tracysmith159]

on 6/17/2009 Interesting article on buying coca cola stock.

[dorigillman]

on 6/16/2009 interesting article.