How to Buy Microsft Stock
- 1). Decide how you want to buy Microsoft stock. You can purchase Microsoft stock through a brokerage account or directly through Microsoft's transfer agent, American Stock Transfer and Trust (ASTT).
- 2). If purchasing through a brokerage account, skip to Step 5. If purchasing directly through ASTT, you will need to open an account there. For either the direct purchase program, or dividend reinvestment program (DRIP), no interest is earned on any cash awaiting investment. For either program, there is a minimum initial purchase of $250, with a minimum of $25 for each subsequent purchase and a maximum purchase of $10,000 per day.
- 3). Fund the account. Generally, a check is submitted along with the application for the initial purchase. Subsequent account funding may be done via Automated Check Handling (ACH) transfer, wire transfer or check. Funds will be invested in Microsoft stock and dividends will be reinvested by default.
- 4). If purchasing through your brokerage account, decide how many shares you wish to buy. Instruct your brokerage either via logging onto the website, or by speaking with your broker, to purchase the number of shares of Microsoft stock you want to buy.
Unlike the direct purchase programs, most brokerage accounts will not allow you to purchase fractional shares, so the amount of the order must be in whole shares rather than a dollar number. - 5). Review your order confirmation and ensure it is correct. If there are any errors, be sure to notify your brokerage immediately.
Source...