No fees and commissions, flexible time, online investing, fractional shares and an individual retirement account are some features of Computershare investor services, which offers a plan for Exxon Mobil Corporation, according to the Computershare website. The company offers a direct stock purchase and dividend reinvestment plan for Exxon Mobil.
The plan is an alternative to conventional ways of managing shares, such as buy, hold and sale, of Exxon Mobil Corporation, explains Computershare. As of July 2015, one of the primary features of the plan is that there is no fee or commission for acquiring Exxon Mobil Corporation shares at existing market prices. There is a small processing and service fee for selling the shares.
There is no pressure on building ownership, notes Computershare. Individuals can build ownership gradually over time. Periodic investing and dividend reinvestment makes it possible to benefit from dollar cost averaging. The plan allows for purchase of fractional and whole shares. Individual Retirement Account is another primary feature of the plan, which also allows for non-US investors to participate.
The company states that it is very easy to obtain stock certificates, and shares can be sold or transferred at any time. The plan also features automatic investments, which allows for semi-monthly or monthly deductions for savings, checking or money market accounts. The plan is accessible online and can be managed completely from the website, including authorizing one-time or subsequent cash investments.