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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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$25.00 |
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Maximum purchase |
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$360,000.00 |
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Fees |
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Account |
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$10.00 |
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Automatic |
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None |
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Optional |
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None |
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Reinvestment |
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$0.50 |
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$15.00 |
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Company |
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Additional |
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Alliant Energy DRIP Details:
The Alliant Energy Direct Stock Investment Plan offers a mediocre holding vehicle for your Alliant Energy investment with its account setup fees and reinvestment fees but no optional stock investment fees. For most long term investors a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your LNT investment.
Pros:
No optional investment fees
Cons:
No account setup fee
Above average stock sale fee
Dividend reinvestment fees