|
DRIP Plan Highlights |
|||
|
Enrollment |
|
|
|
|
Initial Purchase |
|
$250 |
|
|
|
|
|
|
|
Purchases |
|
|
|
|
Minimum |
|
$10.00 |
|
|
Maximum purchase |
|
$250,000.00 |
|
|
|
|
|
|
|
Fees |
|
|
|
|
Account |
|
None |
|
|
Automatic |
|
None |
|
|
Optional |
|
None |
|
|
Reinvestment |
|
None |
|
|
Sale Fee |
|
|
Unknown |
|
|
|
|
|
|
Company |
|
||
|
Additional |
|||
Allete DRIP Details:
The Allete Direct Stock Investment Plan offers an attractive holding vehicle for your Allete Power investment with no account setup fees, no optional stock investment fees, and no dividend reinvestment fees. For most investors the Allete DRIP will be the lowest cost holding vehicle for your AGL investment.
Pros:
No account setup fee
No optional investment fees
No dividend reinvestment fees
Cons:
Unclear stock sale fees