Just curious as to how other Canadians contribute to US DRIP plans, and which ones. The only US DRIP I have right now is JNJ, and my only form of contribution just ended.
The plan is so strict that I could only contribute with a US dollar check. I had a US dollar account opened at RBC for this purpose, and other future US stocks. Something changed, and JNJ started rejecting the checks. I tried to inquire with them (Computershare) and RBC but got nowhere. Then RBC started charging me $4 month for the account so I closed it.
What do other people use for US contributions? I'd really like to keep up my JNJ purchases, and expand to other US stocks.
Thanks.
The plan is so strict that I could only contribute with a US dollar check. I had a US dollar account opened at RBC for this purpose, and other future US stocks. Something changed, and JNJ started rejecting the checks. I tried to inquire with them (Computershare) and RBC but got nowhere. Then RBC started charging me $4 month for the account so I closed it.
What do other people use for US contributions? I'd really like to keep up my JNJ purchases, and expand to other US stocks.
Thanks.