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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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$100 |
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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 |
$3.00 |
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Optional |
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$3 |
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Reinvestment |
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5% up to $3.00 |
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Sale Fee |
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$10 |
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Company |
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Additional |
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The Cooper Tire DRIP Details:
The Cooper Tire & Rubber Company Direct Stock Investment Plan offers a below average holding vehicle for your Cooper Tie investment with a $10 account setup fee, $3 cash investment fee, and dividend reinvestment fee. For most investors a low cost brokerage such as Sharebuilder would be the lowest cost holding vehicle for your CTB investment.
Pros:
$10 Stock sale fee
Cons:
Account setup fees
$3 investment fee
Dividend reinvestment fee