You still need to acquire that first share (often via a DSPP or a one-time broker use). 3. Transfer Agents

Check if a (like Apple or Tesla) offers a DSPP.

To manage DSPPs and DRIPs, you will likely use a website rather than a trading app.

Not all companies offer them; usually involves setup fees. 2. Dividend Reinvestment Plans (DRIPs)

Compare the of a DSPP vs. a $0-commission broker.

Many large, publicly traded companies allow you to buy shares directly from them.

Coca-Cola, Walmart, and Procter & Gamble offer these.

Instead of the company sending you cash dividends, they automatically use that money to buy more shares (or fractional shares) of their stock.