|
DRIP Plan Highlights |
|||
|
Enrollment |
|
|
|
|
Initial Purchase |
|
$1,000 |
|
|
|
|
|
|
|
Purchases |
|
|
|
|
Minimum |
|
$100 |
|
|
Maximum |
|
$60,000 |
|
|
|
|
|
|
|
Fees |
|
|
|
|
Account |
|
$10.00 |
|
|
Automatic |
None |
||
|
Optional |
|
None |
|
|
Reinvestment |
|
None |
|
|
Sale Fee |
|
|
$15 |
|
|
|
|
|
|
Company |
|
||
|
Additional |
|||
Federal Signal DRIP Details:
The Federal Signal Direct Reinvestment Plan offers a middle of the road investment holding vehicle for your Federal Signal investment with its initial account setup fee, but offer no dividend reinvestment fees, and no stock investment fees. For many DRIP investors the company sponsored DRIP would be the lowest cost holding vehicle for your FSS investment.
Pros:
No dividend reinvestment fee
No stock investment fees
Cons:
Account setup fee
Higher than average stock sale fee