Home Depot (HD)

The largest home improvement retailer Home Depot is another excellent example of a DRIP stock.

The minimum initial investment is $500.

The service charges are:

For first-time investors - $5.00
For subsequent purchases - 5% up to maximum of $2.50
Sales of shares: $10.00

Features at No Charge
Through DSPP, you receive a stock safekeeping service and the ability to make transfers or gifts of Company stock—all at no charge. The recipient of the transfer or gift will have an account opened in their name and will enjoy full program benefits.

This is a really nice feature if you would like to give Home Depot stock to friends and family.

Home Depot's prospectus can be reviewed here:
Prospectus