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Show ! FACTS! ? & FIGURES j iixxt7oii79oinD Assuming dividends were reinvested in the market, the average annual pretax gain in stock values on the New York Stock Exchange between 1929 and 1976 after investment commissions commis-sions was nine and a half percent. Reinvesting stock dividends divi-dends can bring a satisfying extra return. Dividend Reinvestment Plans (DRPs) let you automatically purchase pur-chase the number of shares that the dollar amount of your dividends will buy. The charge is nominal (usually less than you'd pay a broker), and many companies' com-panies' DRPs offer a five percent discount from prevailing pre-vailing stock prices. A list of 700 NYSE- and, ASE-listed ASE-listed companies with DRPs is available for one dollar from Standard & Poor's Corp., 25 Broadway, New York, NY 10004. The highest stock price ever quoted was 101,000 Swiss francs ($38,486) for one share of Hoffman-La Roche of Switzerland in 1976. |