|
DRIP Plan Highlights |
|||
|
Enrollment |
|
|
|
|
Initial Purchase |
|
$500 |
|
|
|
|
|
|
|
Purchases |
|
|
|
|
Minimum |
|
$50.00 |
|
|
Maximum purchase |
|
$50,000.00 |
|
|
|
|
|
|
|
Fees |
|
|
|
|
Account |
|
$10.00 |
|
|
Automatic |
None |
||
|
Optional |
|
None |
|
|
Reinvestment |
|
None |
|
|
|
|
|
$10.00 |
|
|
|
|
|
|
Company |
|
||
|
Additional |
|||
McCormick DRIP Details:
The McCormick Dividend ReInvestment Plan offers a potentially attractive holding vehicle for your McCormick investment with no investment fees or dividend reinvestment fees, but does have an account setup fee. For most long term investors the MKC DRIP will be the lowest cost holding vehicle for your MKC investment.
Pros:
No optional investment fees
No dividend reinvestment fees
Cons:
Account setup fee