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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$250 |
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Purchases |
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Minimum |
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$25 |
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Maximum |
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$120,000 |
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Fees |
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Account |
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$10.00 |
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Automatic |
$2.00 |
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Optional |
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$5 |
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Reinvestment |
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N/A |
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Sale Fee |
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$15 |
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Company |
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Additional |
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Citizens Inc DRIP Details:
The Citizens Financial Group Direct Stock Investment Plan offers a poor holding vehicle for your CIA investment with its $10 account setup fee and $5 investment fee. For most investors a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your Citizens Inc investment.
Pros:
$2 automatic investment fee
Cons:
$10 account setup fee
$5 optional cash purchase fee
$15 stock sale fee