: One major perk of Alphabet’s direct plan is the ability to buy fractional shares , making the stock more attainable if you don't want to pay the full price for a single share.
Buying stock in Alphabet (Google's parent company) without a traditional stockbroker is possible, primarily through . These plans allow you to bypass the "middleman" by purchasing shares directly through the company’s designated transfer agent. 1. Direct Stock Purchase Plan (DSPP) how to buy google stock without a broker
: You are a "registered" shareholder on the company's books via the Computershare DirectStock program. : One major perk of Alphabet’s direct plan
Alphabet recently began paying quarterly dividends in 2024. While the company does not have its own internal DRIP, you can often use the direct plan through to automatically reinvest any dividends you receive into more shares. While the company does not have its own
: Platforms like SoFi Active Invest or Charles Schwab are technically brokers, but they allow for self-directed, $0-commission trading, which many investors find more flexible than a DSPP. Daily Alert - 11/6/19
: A minimum of $25 is typically required to open an online-only account.
: This allows for 24/7 trading and global access without a U.S. brokerage account.