ING Group (ING) DRIP

DRIP Plan Highlights
Enrollment
Initial Purchase			$250
Purchases
Minimum purchase			$50
Maximum purchase			$100,000
Fees
Account Setup Fee			$18
Automatic investment Fee			$2
Optional Cash Purchase			$3.50
Reinvestment Fee			5% upto $2.50
Sale Fee			$10
Company Web Site			http://www.ing.com
Additional Plan Information			Agent Site

ING Groep DRIP Details:
The ING Dividend Reinvestment Plan offers a mediocre holding vehicle for your ING ADR investment with account setup fees, optional cash purchase fees, and dividend reinvestment fees. Some investors who plan to make ongoing automatic investments may find this ADS DRIP your lowest cost holding vehicle, however, for most investors a low cost brokerage such as Sharebuilder may be the lowest cost holding vehicle for your ING investment.
Pros:
Lower than average automatic investment fee
Cons:
High account setup fee
Dividend reinvestment fees