What Is Amazon Direct Stock Purchase Plan?

Amazon’s Direct Stock Purchase Plan (DSPP) provides a convenient, low-cost way for individuals to invest in Amazon stock. The plan allows Amazon shareholders to purchase shares of the company’s common stock directly from Amazon, rather than through a broker or other financial intermediary.

In order to participate in the DSPP, you must first open an account with ComputerShare, Amazon’s stock transfer agent. Once your account is opened, you will be able to make cash investments directly into your DSPP account and receive dividends from any Amazon stock held in the account.

The DSPP allows investors to purchase shares of Amazon stock at a discount off of the current market price and without paying brokerage fees or commissions. Additionally, investors can set up automatic monthly investments into their DSPP account and reinvest any dividends earned from their holdings back into Amazon stock at no additional cost.

Participants in the DSPP can easily manage their accounts online or via phone with ComputerShare and have access to real-time updates on their investments. Furthermore, they can take advantage of special offers available only to plan members such as pre-IPO offerings and special rights offerings that are not available through other brokerage firms.

The DSPP is a great option for long-term investors looking for an efficient way to build wealth through investing in Amazon stock over time. With its low costs and convenience, it’s easy to see why many investors have decided to take advantage of this unique opportunity.

Conclusion:

The Amazon Direct Stock Purchase Plan provides investors with a convenient and affordable way to invest in the company’s common stocks without incurring brokerage fees or commissions. Its real-time updates, pre-IPO offerings, special rights offerings and automatic monthly investments make it a great option for those looking for long-term wealth building opportunities.