National Association of Investors Corporation's "Low Cost Investment Plan."

The National Association of Investors Corporation (NAIC) offers a "Low Cost Investment Plan" program where a person can start their own DRIP investing by buying a share of stock from a list of 150+ companies.

There is a one-time $7 setup fee in addition to the $39 annual membership dues with a free subscription to their Better Investing newsletter.

More NAIC information can be obtained at:

P.O. Box 220, Royal Oak MI, 48068;
(810) 583-6242;
http://www.betterinvesting.org/stocks/resources/

The following information was obtained from their website:

Here's How to Get Started:

Complete the Enrollment Form including stock registration information.

Indicate which share of stock to buy from the Low Cost Investment Plan Participating Companies list.

Mail application and check to BetterInvesting. Refer to application for mailing information.

BetterInvesting will provide you legal documents that will need to be completed, signed and returned for each stock purchase.

Once the stocks are purchased you will receive a confirmation letter from BetterInvesting explaining how to make future purchases.

Low Cost Investment Plan enrollment form (PDF)

Youth Low Cost Investment Plan enrollment form. (PDF)

Low Cost Investment Plan Participating Companies