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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 |
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$50,000.00 |
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Fees |
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Account |
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$15.00 |
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Automatic |
$3.50 |
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Optional |
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$2.00 |
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Reinvestment |
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5% up tp $5 |
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$15.00 |
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Company |
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Additional |
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St Jude Medical DRIP Details:
The St Jude Medical Dividend ReInvestment Plan offers a borderline poor holding vehicle for your St Jude investment with its account setup fee, investment fees and dividend reinvestment fees. For most DRIP investors a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your STJ investment with its free dividend reinvestment.
Pros:
Below average optional investment fees
Cons:
Account setup fee
Dividend reinvestment fees
Above average stock sale fee