The Walt Disney Company is a longstanding favorite with investors. The company's success in appealing to the public, starting with the creation of Mickey Mouse and continuing with blockbuster movies and theme parks, has made it one of the largest corporations in the world. Disney stock, traded as DIS on the New York Stock Exchange, can be purchased through any broker. But you also can buy Disney stock directly from the company, avoiding most transaction costs you would have with a broker transaction.
Instructions
1. Read the Disney Investment Plan Prospectus before you enroll in the company's stock-purchase program. The prospectus sets out complete terms and conditions of Disney's stock-purchase program. You can obtain a copy of the prospectus and an enrollment form by calling Disney's transfer agent, Disney Shareholder Services, at (818) 553-7200. Or you can download both documents at http://corporate.disney.go.com/investors/faq_investmentplan.html on the Disney website.
2. Choose the plan features you want. You can have dividends reinvested automatically with no fee. Disney also offers safekeeping of your stock certificates and the option of transferring shares to others at no charge. You may have the account set up as an Individual Retirement Account.
3. Complete the enrollment form. You will need to provide your Social Security number and address and choose whether to set up automatic debiting. If you elect to invest by check, there is a $5 transaction fee plus a charge of one cent per share. The initial minimum investment is $250. If you choose automatic debiting from your bank account, the $250 may be paid in $50 monthly installments for a $1 transaction fee and the penny charge per share.
4. Mail the enrollment form to the address listed. There is an account setup fee of $10. Enclose a check only if you select the automatic debiting option. If you prefer to write a check for your entire transaction, the fee will be deducted from the total before investment. Checks should be made payable to Disney Investment Plan.
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