[Search for users] [Overall Top Noters] [List of all Conferences] [Download this site]

Conference nyoss1::market_investing

Title:	Market Investing

Moderator:	2155::michaud

Created:	Thu Jan 23 1992
Last Modified:	Thu Jun 05 1997
Last Successful Update:	Fri Jun 06 1997
Number of topics:	1060
Total number of notes:	10477

894.0. "UtiliCorp United" by SSAG::SUSSWEIN (an adrenal gland is a terrible thing to waste) Wed Jul 26 1995 14:03

    Has anyone heard of a company called "Utilicorp United"?
    
    They're the parent company of my gas company, and as a customer I'm
    eligible for their stock purchase and dividend reinvestment plan. 
    basically, it works like this:
    
    - I make an initial purchase of common stock (minimum $250) at market
    price (no commission)
    
    - I can make additional monthly purchases (minimum $50), also at market
    price with no commission.
    
    - As a shareholder, I can then join the dividend reinvestment plan. 
    Stock is bought with reinvested dividends at 5% BELOW market price.
    
    Assuming that the stock isn't a total dog this sounds like a pretty
    good deal.  Any thoughts?
    
    Steve

T.R	Title	User	Personal Name	Date	Lines
894.1		NLA0::ONO	The Wrong Stuff	`Wed Jul 26 1995 15:09`	4
	Utilicorp United is listed on the Edgar Web site - http://town.hall.org/edgar/edgar.html