How to invest in Coca Cola Enterprises with $10

Coca Cola Enterprises website

Coca-Cola Enterprises Inc.(CCE) engages in the manufacturing, distribution, and marketing of nonalcoholic beverages. The company offers its products principally under the Coca-Cola classic, Sprite, Dasani, POWERade, Diet Coke/Coca-Cola light, Fanta and many others. The company sells its products through wholesalers and retailers primarily in North America, Great Britain, France, Belgium and most of Europe. You can buy shares Coca-Cola Enterprises with $10 through their Dividend Reinvestment Plan.

Coca-Cola Enterprises (CCE) offers a Dividend Reinvestment Plan to all shareholders of record. If you own shares of Coca-Cola Enterprises with a broker you can get them transferred to American Stock Transfer Company, for a small fee usually $25-30.

If you do not own shares, open an account at Sharebuilders.com, Scottrade.com or any online broker and purchase at least one share.

Once you have transferred all your CCE shares, you can purchase CCE shares for $10 per transaction computing your account to fractional shares up to three decimal places. For example if the share price is $17 and you invest $10 the shares purchased will be .589. Each investment is made daily. Dividends are paid quarterly and also invested up to three decimal places.

With the reinvestment of dividends and optional cash investments your position in Coca-Cola Enterprises will grow in no time.

Warning

Always research before investing in any stock

    Warnings

  • Always research before investing in any stock

About the Author

This article was written by PocketSense staff. If you have any questions, please reach out to us on our contact us page.

Photo Credits

  • Coca Cola Enterprises website