What Morningstar and Yahoo Finance Say About The No/Low Cost Dividend Reinvestment Plans I'm Actively Investing In (BHI, JNJ, MHP, WMT, XOM)

I'm actively buying in five dividend reinvestment plans (DRIPS). I like DRIPS because you have the opportunity of buying stocks for the long haul and significantly undercut transaction costs that you would otherwise experience at discount brokers.

I'm cautious on the overall stock market since we are due for an economic hangover when all of the stimulus spending dries up. That said, I'm willing to pick and choose from various stocks. I'm investing small monthly amounts in the following DRIPs:

Baker Hughes (BHI)
* No Economic Moat
* B Stewardship Grade
* Three Star Morningstar Rating
* 1.34% dividend yield
* 8.24% earnings yield
* 12.14 P/E ratio
* 10.21% Profit margin
* 10.01% Return on Assets
* 16.76% Return on Equity
* Zero Investing Fee (Periodic Non-Reoccurring Investments)
* Zero Dividend Reinvestment Fee
* Zero Auto-Invest Fee
* Drip Prospectus

Johnson & Johnson (JNJ)
* Wide Economic Moat
* C Stewardship Grade
* Five Star Morningstar Rating
* 3.08% dividend yield
* 7.37% earnings yield
* 13.57 P/E ratio
* 20.76% Profit margin
* 11.49% Return on Assets
* 27.49% Return on Equity
* Zero Investing Fee (Periodic Non-Reoccurring Investments)
* Zero Dividend Reinvestment Fee
* $1 Auto-Invest Fee
* Drip Prospectus

McGraw Hill (MHP)
* Wide Economic Moat
* C Stewardship Grade
* Under Review for Morningstar Rating
* 3.28% dividend yield
* 8.56% earnings yield
* 11.68 P/E ratio
* 12.06% Profit margin
* 13.21% Return on Assets
* 50.5% Return on Equity
* Zero Investing Fee (Periodic Non-Reoccurring Investments)
* Zero Dividend Reinvestment Fee
* Zero Auto-Invest Fee
* Drip Prospectus

Wal-Mart (WMT)
* Wide Economic Moat
* B Stewardship Grade
* Four Star Morningstar Rating
* 2.11% dividend yield
* 6.76% earnings yield
* 14.79 P/E ratio
* 3.32% Profit margin
* 8.61% Return on Assets
* 19.89% Return on Equity
* $1 to 5+10cents/share to Investing Fee (Periodic Non-Reoccurring Investments)
* Zero Dividend Reinvestment Fee
* $1 + 10cent/share Auto-Invest Fee... Charged $1.2 on my $200 monthly investment
* Drip Prospectus

Exxon Mobil (XOM)
* Wide Economic Moat
* B Stewardship Grade
* Five Star Morningstar Rating
* 2.37% dividend yield
* 8.99% earnings yield
* 11.12 P/E ratio
* 8.98% Profit margin
* 10.86% Return on Assets
* 26.92% Return on Equity
* Zero Investing Fee
* Zero Dividend Reinvestment Fee
* Zero Auto-Invest Fee
* Drip Prospectus

I generally like the above DRIPS because all of them but WMT have options for investing for zero fees once you have your first share set up. I'm investing in WMT because I believe in their long-lasting competitive advantage over all other retailers. I'm willing to pay the modest $1.2 on my $200 monthly investments with WMT because I know that once I have a large enough position established, all dividend reinvestment is free.