Dividend Reinvestment Plans

The following stocks may be purchased directly from the company or from its transfer agent. They represent almost every sector of the American economy and when bought at or near fair value can yield useful profits. Some of these companies stipulate that the initial share of stock must be bought from a broker before the direct stock purchase and automatic dividend reinvestment may begin. Some companies offer, in addition to commission-less purchase the opportunity to establish an IRA. Because of the large and growing number of companies that offer DRIP many other fine companies do not appear on this list. Each company’s plan may differ slightly from all others. Full information by telephoning the appropriate number.


Acadia Realty ($250) 800-278-4353 AKR 
Acuity Brands ($500) 800-432-0140 AYI 
ADC Telecomm. ($500) 800-929-6782   ADCT 
Aetna ($500) 800-955-4741 AET 
Atlac ($1,000) 800 235-2667 AFL 
AGL Resources ($250) 800 468 9716 AID 
Air Products ($500) 877-322-4941 APD 
Alaska Comm. ($500) 866-353-7849   ALSK 
Allegheny Technol. ($250) 866-353-7849 All 
Allete ($250) 800-535-3056 ALE 
Alliant Energy ($250) 800-356-5343 LNI 
Allstate ($500) 800-355-5191 ALL 
Altria ($500) 800-442-0077 MO 
AMB Property ($500) 800-331-9474 AMB 
AMCOL International ($250) 888-444 0058 ACO 
Ameren ($250) 800-255-2237    AEE 
Amer. Elec. Power ($250) 800-328-6955 AEP 
American Express ($1,000) 800-463-5911 AXP 
Amer. States Water ($500) 888-816-6998 AWR 
Ameriprise Financial ($1,000)   866 337-4999  AMP 
AMETEK ($250) 877-854-0864 AME 
Anadarko Petroleum ($1,000) 866-353-7849 APC 
Andersons ($250) 312-360-5260  ANDE 
Anthracite Capital ($250) 877 248-6416 AHR 
Anworth Mtg. Asset ($1,000) 877-248-6410    ANH 
Ann ($250) 800-446-2617 AOC 
Applied Industrial ($250) 800-988-5291 All 
Aqua America ($500) 800-205-8314    WIR 
Arbitron ($500) 800-524 4458 ARB 
Arch Chemicals ($500) 866-857-2223 ARJ 
Arrow Financial ($300) 800-937-5449  AROW 
ArthurJ. Gallagher ($250) 312-360-5386 AJG 
Arvin Mentor ($500) 866-51 7-4570 ARM 
Ashland ($500) 800-622-6757 ASH 
AT&T ($500) 800-351-7221 I 
Atmos Energy ($1,250) 800-543-3038 AID 
Avery Deco ison ($500) 8 77-498 8861 AVY 
Avis Budget Group ($250) 866-353-7849 CAR 
Badger Meter ($100) 877-248-6415 BMI 
Bank ot America ($1,000) 800-642-9855 BAC 
Bank of NY Mellon ($1,000) 888-643-4269 BK 
Bank of SC ($250) 800 568-3476  . BKSC 
Banner ($250) 800 697-8924 . BANR 
Bard (CR.) ($250) 800-446-2617 8CR 
Barnes Group ($250) 866-353-7849 B 
Beazer Homes ($250) 888-777-0316 BZH 
Best Buy ($500) 877-498 8861 BBY 
BioMed Realty ($100) 800-524 4458 BMR 
Black Hills ($250) 800-468 9716 BKH 
Blyth Inc. ($250) 800-446-2617 8TH 
Bob Evans Farms ($100) 800-272-7675   BOBE 
Borders Group ($500) 800-446-2617    BGP 
Borg Warner ($500) 866-353-7849 BWA 
Boston Beer ($500) 888-877-2890  SAM 
Boston Properties ($250) 888-485-2389   BXP 
Bowne & Co. ($500) 800-524-4458 BNE 
BRE Properties ($500) 800-842-7629 GRE 
Bristol-Myers Squibb ($250)  800-356-2026    BMY 
Brookline Bancorp ($250) 800-278-4353  BRKL 
Brown Shoe ($250) 866 353-7849 BWS 
Brjnswick ($500) 800-546 9420 BC 
Burger King ($250) 800-524-4458 BKC 
Calamos Asset Mgt. ($200) 800-432-8224. CLMS 
California Water Svc. ($250) 888-888-0316 CWT 
Campbell Soup ($500) 800-649-2160 CPB 
CapLease ($100) 866 706-0513 LSE 
Carausfar lods. ($250) 800-524-4458 CSAR 
Carpenter Tech. ($250) 800-278-4353 CRS 
Carver Bancorp ($250) 800-278-4353  CARV 
Cascade Financial ($250) 866 353-7849 CASB 
Cash America ($250) 866-353 7849 CSH 
Caterpillar ($250) 866-353-7849 CAT 
CBS ($250) 866-595-1717 CBS 
CeoterPoint Energy ($250) 800 231-6406 CNP 
Central Pacific Fin’l ($250) 800 468 9716 CPF 
Central VT Pub. Sue. ($250) 800 937-5449 CV 
CH Energy Group ($100) 800 428-9578 CHU 
Chase Corp. ($250) 800-278 4353 CCF 
Chevron ($250) 866-353-7849 CVX 
CIGNA ($250) 866-353-7849 Cl 
Clorox ($250) 888-259-6973 CLX 
CMS Energy ($250) 517-788-1868 CMS 
Coachmen Inds. ($100) 800 622-6757 COA 
Colgate-Palmolive ($500) 800 756-8700 CL 
Colonial Prop. Trust ($200) 800-730-6001 CLP 
Columbus McKioooo ($250) 800-278-4353  CMCO 
Community Bank Sys. ($250)    800-278-4353 CBU 
ConocoPhillips ($250) 866-353-7849 COP 
Cooper Tire & Rubber ($250) .888-294-8217 CTB 
CosteD Wholesale ($250) 866-353 7849  COST 
CSX ($500) 800-521-5571 CSX 
Curtiss-Wright ($250) 800-278-4353 CW 
CVS Caremark ($100) 877 287-7526 CVS
Darden Restaurants ($1000) 877-602-7596 DRI 
DCI Industrial ($250) 866-485-0444 DCI 
Deere & Co. ($500) 800-268-7369 DE 
Del Monte ($200) 866-582-1370 DLM 
Dell ($250) 877-739-9991 DELL 
Diebotd ($500) 800-432-0140 DBD 
Dime Community ($300) 800-278-4353 DCOM 
Disney (Walt) ($1000) 818-553-7200 DIS 
Dominion Resources ($350) 800-552-4034 D 
Domino’s Pizza ($65) 877-272-9616 DPZ 
Dover ($500) 866-353-7849 DOV 
DIE Energy ($250) 866-388-8558 DIE 
Duke Energy ($250) 800-488-3853 DUK 
Duke Realty ($250) 800-278-4353 ORE 
Eastern ($250) 800-278-4353 EML 
Eastman Chemical ($250) 877-322-4908 EMN 
Eastman Kodak ($1 50) 800-253-6057 EK 
Eaton ($100) 866-353-7849 ETN 
Edison Int’l ($1,000) 800-347-8625 FIX 
Education Realty ($300) 866-659-2645 EDR 
Embarq ($250) 866-591-1964 EQ 
Emerson ($250) 866-353-7849 EMR 
Energen ($250) 888-764-5603 EON 
Entergy ($1,000) 800-225-1 721 ETR 
Entertainment Prop. ($200) 800-884-4225 EPR 
Equifax ($500) 866-665-2279 EFX 
Equity Residential ($250) 800-337 5666 EQR 
Essex Property ($100) 312-360-5354 ESS 
Estee Lauder ($250) 888-860-6295 EL 
Exxon Mobil ($250) 800-252-1800 XOM 
FBL Financial ($250) 866-892-5627 FFG 
Federal Signal ($1,000) 800-622-6757 FSS 
FedEx ($1,000) 800-446-2617 FDX 
Ferreilgas Partners ($1,000) 800-730-6001 FGP 
Fitth Ihird Bancorp ($250) 888-294-8285 FIIB 
First American ($250) 800-468-9716 FAF 
First Comm. Fin’l ($500) 800-524-4458 FCF 
First Fin’I Holdings ($250) 800-368-5948  FFCH 
First Niagara FinI ($250) 877-785-9670  FNFG 
FirstEnergy ($250) 800-736-3402 FE 
Ford Motor ($1,000) 800-955-4791 F 
GenCorp ($500) 800-524-4458 GY 
Geneal Electric ($250) 800-786-2543 GE 
General Growth Prop. ($200) 866-353-7849 GOP 
Genworth Financial ($200) 800-524-4458 GNW 
Gevity (HR.) ($250) 888-999-0032 GVHR 
Glimcher Realty ($100) 800 738-4931 GRI 
Goodyear ($250) 800 317 4445 GI 
Granite Construction ($3,000) 800-368-5948 OVA 
Great All. & Pac ($250) 800-278-4353 GAP
Great Plains Energy ($500) 800-245-5275 GXP 
Haltiburton ($500) 866-353-7849 HAL 
Hanesbrands ($250) 800-697-8592 HBI 
Harley-Davidson ($500) 866-360-5339    HOG 
Hawaiian Elec. Indust. ($250) 866-672-5841 HE 
HCP ($750) 866-857-2227    HCP 
Health Care REII ($1000) 888-21 6-7206    HCN 
Heinz (H.J.) ($250) 800 253-3399 HNZ 
Hershey Company ($250) 866-353-7849 HSY 
HiB-Rom ($250) 800-716-3607 HRC 
Holly ($250) 888-777-0317    HOC 
Home Depot ($500) 800-577-0177 HD 
Home Properties ($1,000) 877-305-4111 HME 
IBM ($500) 888-426-6700 IBM 
IdaCorp ($200) 800-565-7890 IDA 
Imation ($500) 800-432-0140 IMN 
Intinity Prop. ($250) 866-624-4112 IPCC 
Integrys Energy ($100) 800-236-1551 TEG 
Intel ($250) 800-298-0146  . INTC 
International Paper ($500) 866-353-7849 IP 
Intersil ($250) 877-208-9537 ISIL 
iStar Financial ($100) 877-602-5287 SFI 
Illini Corporation ($500) 800-254-2823 ILLI 
JR Morgan Chase ($250) 866-353-7849    JPM 
Jettersonvitle Bancorp ($250)  . 800-278-4353  JFBC 
Johnson Controls ($250) 877-602-7397 JCI 
Jones Lang LaSalle ($250) 866-353-7849 JLL 
Kaman ($250) 866-353-7849  KAMN 
Kellogg ($50) 877-910-5385 K 
Kelly Services ($250) 866-353-7849 .KELYA 
KeyCorp ($250) 800-539-7216 KEY 
Kilroy Realty ($750) 888-81 6-7506 KRC 
Kimco Realty ($100) 866-557-8695 KIM 
Kite Realty Group ($250) 800-820-8521 KRG 
Kratt Foods ($500) 866-655-7238 KFT 
Lear ($250) 800-524-4458 LEA 
Libbey ($100) 800-524-4458 LBY 
Liberty Propertylr. ($1,000> 800-944-2214 LRY 
Lilly (Eli) ($1000) 800-833-8699 LLY 
Limited Brands ($200) 866-875-7975 LTD 
Lincoln National ($500) 866-353-7849 LNC 
Liz Claiborne ($500) 866-828-8170 LIZ 
Lockheed Martin ($250) 888-548-7701 LMT 
Lowe’s Companies ($250) 877-282-1174 LOW 
Lubrizol ($250) 800-278-4353 LZ 
Macerich ($250) 800-567-0169 MAC 
Mack-Call Realty ($2,000) 888-632-6848 CLI 
Macys ($500) 800-432-0140 M 
Maine & Maritimes ($250) 800-893-4814   MAM 
Manulite Financial ($500) 866-598-8809 MFC
Marriott Int’l ($350) 866-353-7849 MAR 
Marsh & McLennan ($500) 800-457-8968  MMC 
Massey Energy ($250) 800-813-2847 MEE 
Mattel ($500) 888-909-9922 MAT 
McCormick & Co. ($250) 877-778-6784 MKC 
McDermott Int’l ($500) 800-947-4542 MDR 
McDonald’s ($500) 800-621-7825 MCD 
McGraw-Hill ($500) 888-201-5538 MHP 
MDU Resources ($250) 877-536-3553 MOD 
MeadWestvaco ($500> 866-455-3115 MVW 
Medtronic ($250> 888-648-8154 MDI 
Merck ($350) 800-522-9114 MRK 
Met-Pro ($1,000) 800-278-4353 MPR 
MFA Mortgage ($1,000) 866-353-7849 MFA 
MGE Energy ($250) 800-356-6423 MGEE 
Microsott ($250> 800-285-7772 MSFT 
MidSouth Bancorp ($1,000) 866-353-7849 MSL 
Mitlipore ($250) 800-278-4353 MIL 
Modine Mtg. ($500) 800-468-9716 MOD 
Molex ($500) 31 2-360-5315 MDLX 
Monsanto ($250) 866-353-7849 MON 
Morgan Stanley ($1,000) 800-622-2393 MS 
Motorola ($1000) 866-353-7849 MOT 
National Fin’I Part. ($500) 866-353-7849 NFP 
National Fuel Gas ($1,000) 800-648-8166 NEG 
Nationwide Fin’I Svcs. ($500>    866-353-7849 NFS 
Nationwide Health ($750) 800-524-4458 NHP 
NCR ($250) 800-627-2303 NCR 
NewBridge Bancorp ($250) 800-633-4236 NBBC 
Newell Rubbermaid ($250) 877-233-3006 NWL 
Newport ($250) 800-468-9716 .NEWP 
Nike ($500> 800-401-3439 NKE 
NorthStar Realty ($250) 866-668-8560 NRF 
Northwest Natural Gas ($250)    888-777-0321    NWN 
Office Depot ($250> 800 681-8059 ODP 
OGE Energy ($250> 866 353 7849 OGE 
Old National Bancorp ($500) 800-677 1749 ONB 
Old Republic Int’l ($1,000) 800-468 9716 DRI 
Omega Healthcare ($250) 800-51 9-3111 OHI 
Omnicom ($250) 866-353-7849 OMC 
Oneok ($250) 866-235-0232 OKE 
Oskosh ($100) 866-222-4059 OSK 
Owens & Minor ($200) 800-524-4458 OM1 
Pacitic Capital ($250) 866-353-7849 PCBC 
Parkway Properties ($250) 800-468-9716 PKY 
Patriot Coal ($250) 866-621-2787 PCX 
Paychex ($250) 877-814-9688 PAYX 
Peabody Energy ($500> 866-621 -2789 BTU 
Penney (JO.) ($250) 800-565-2576 JCP 
Penn. Real Est. Inn. ($250) 800-468-9716 PEI
People’s United Fin’I ($250) 800-953-2592  PBCI 
PepsiAmericas ($250) 877-602-7611 PAS 
PepsiCo ($250) 800-226-0083 PEP 
PerkinElmer ($250) 866-353-7849 PKI 
Ptizer ($500) 800-733-9393 PFE 
PG&E ($250) 866-353-7849    PCG 
Philip Morris Int’l ($500) 877-745-9350 PM 
Piedmont Natural Gas ($250)    800-937-5449 PNY 
Pier 1 Imports ($500) 800-842-7629 PIR 
Pinnacle West (AZ) ($50) 800-457-2983 PNW 
Plum Creek limber ($500) 800-254-4961 PCL 
PM) Group ($250) 888-999-0030 PMI 
PNM Resources ($50) 877-663-7775 PNM 
Popular ($100) 877-764-1893 . BPOP 
Potlatch ($250> 866-593-2351 PCH 
PPG Industries ($500) 866-353-7849 PPG 
Pride International ($1,000) 800-278-4353 PDE 
Procter & Gamble ($250> 800-742-6253 PG 
Progress Energy ($250) 866-290-4388 PGN 
ProLogis ($200) 800-956-3378 PLO 
Public Svc. Enterprise ($250) .800-242-0813 PEG 
Puget Energy ($500) 800-997-8438 PSD 
Oualcomm ($500> 312-588-4157 .QCOM 
Ouanex Bldg. Products ($250)   800-468-9716 NX 
Questar ($250) 866-877-6324 SIR 
Owest Communications ($500) .877-268-2263 Q 
Regions Financial ($1,000> 800-524-2879 RF 
Resource Capital ($250) 866-709-7699 RSO 
Reynolds American ($500) 800-524-4458 RAI 
Robbins & Myers ($500) 800-622-6757 RBN 
Rockwell Auto. ($1000) 866-353-7849 ROK 
Rockwell Collins ($1,000) 888 253-4522 COL 
Ryder System ($250) 800-733-5001 R 
Safeway ($2,500) 877-498-8861 SWY 
Sanderson Farms ($500) 866-353-7849 SAFM 
Sara Lee ($250) 866-353-7849 SLE 
SCANA ($250) 800-763-5891 SCG 
Schnitzer Steel ($500) 800-468-9716 SCHN 
Scripps (E.W.) ($250) 866-293-4224 SSP 
Scripps Networks ($250) 866-353-7849 SNI 
Sealed Air ($1,000> 800-648-8381 SEE 
Sempra Energy ($500) 877-773-6772 SRE 
Simon Property ($500) 866 353-7849 GPO 
Smucker )J.M.) ($250) 800-456 1169 SJM 
Snap-on ($500) 800-446-2617 SNA 
Sonoco Products ($250) 800-524-4458 SON 
South Jersey Inds. ($100) 888-754-3100 SJI 
Southern Co. ($250) 800-554-7626 SD 
Southern Union ($250) 800-321-7423 SUG 
Southwest Airlines ($250) 866-877-6206 LUV

Southwest Water ($250) 866-353-7849 SWWC 
Southwestern Energy ($250) 800-446-2617 SWN 
Sovereign Baocorp ($250) 866-353-7849 SOV 
Sovran Self Storage ($100) 800-278-4353 SSS 
Spartan Motors ($250) 888-888-0145 SPAR 
Stanley Works ($250) 800-543-6757 SWK 
Staples ($250) 866-353-7849  SPLS 
Sterling Bancorp ($500) 866-353-7849 SIL 
Stewart Information ($50) 866-353-7849 SIC 
Sunoco ($250) 800-948-2504 SUN 
Supervalu ($250) 877 536-3555 SVU 
Synovus Financial ($250) 866-353 7849 SNV 
Target ($500) 866-353 7849 TGT 
Taubman Centers ($250) 888-877-2889 TC0 
TCF Financial ($250) 800-443-6852 TCB 
Teletlex ($250) 800-278-4353 TFX 
Texas Instruments ($250) 800-981 -8676    TXN 
Thornburg Mrtg. Asset ($500) 877 366 6442 TMA 
Tittany ($250) 866-353 7849 hF 
Timken ($1,000) 800-622-6757 TKR 
Tompkins Trustco ($100) 877-573-4008 IMP 
Total System Services ($250) 866-353-7849 TSS 
Transocean ($500) 866-353-7849 RIG 
TrustCo Bank of NY ($25) 800 937-5449 TRST 
Twin Disc ($250) 888-213-0965 TWIN 
Tyco Int’l ($2,500) 866-353-7849 TYC 
Tyson Foods ($250) 877-498-8861 TSN 
U.S. Baocorp ($250) 866-353-7849 USB 
UIL Holdings ($250) 800-278-4353 UIL 
Umpqua Holdings ($250) 866-353-7849 UMPO 
Uoisource Energy ($250) 866-537-8709 UNS
United Parcel ($250) 800-758-4674 UPS 
United Technologies ($250) 800-488-9281 UTX 
Unitrin ($500) 877-282-1168 UTR 
USEC ($250) 888-485-2938 USU 
USG ($500) 877-360-5385 USG 
Valspar ($1,000) 866-353-7849 VAL 
Ventas ($250) 800-622-6757 VTR 
Verizon ($500) 800-631-2355 VZ 
Visteon ($1,000) 877 881 -5962 VC 
Vulcan Materials ($250) 866-886 9902 VMC 
Walgreen ($250) 888-368-7346 WAG 
Wal-Mart Stores ($250) 800-438-6278 WMT 
Washington REIT ($250) 877-386-8123 WRE 
Waste Management ($500) 866-353-7849 WMI 
Weingarten Realty ($250) 800-550-4689 WRI 
Wells Fargo ($250) 877-840-0492 WFC 
Wendy’s Int’l ($250) 877-681-8121 WEN 
Westamerica Baocorp ($100)    877 588 4258  WABC 
Westar Energy ($250) 800-527-2495 WR 
Weyerhaeuser ($500) 866-353-7849 WY 
Whirlpool ($250) 877-498-8861    WHR 
Williams Dos. ($250) 800-884-4225   WMB 
Windstream ($250) 800 697-8153 WIN 
Wisconsin Energy ($250) 800-558-9663 WEC 
World Wrestling ($250) 888-556-0424   WWE 
W.P Carey ($500) 866-353-7849 WPC 
Wyeth ($500) 866 353-7849 WYE 
XTO Energy ($500) 866-353-7849 XTO 
Yahoo ($250) 877-946-6487 YHOO 
Yum Brands ($250) 888-439-4986 YUM

No product of MB Analysis is intended to constitute the sole source of research or guidance for any investment decision made or contemplated by any investor or investment group. Further information and research beyond those afforded by MB Analysis should be complete before any decision is made by any investor or investors' group to buy, to sell or to hold any equity or debt or any instrument derivative thereof.

800 Numbers For Dividend Reinvestment Plans.