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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$1,000 |
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Purchases |
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Minimum |
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$50 |
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Maximum |
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$250,000 |
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Fees |
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Account |
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$10 |
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Automatic |
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$1 |
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Optional |
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$5 |
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Reinvestment |
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5% up to $3 |
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$15 |
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N/A |
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Company |
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Additional |
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Ford DRIP Details:
The Ford Dividend Reinvestment Plan is a below average holding vehicle. Depending on your investment style you will likeyly fins that a low cost brokerage such as Sharebuilder will offer you a low holding cost for your Ford investment.
Pros:
Allows initial investment through plan
Cons:
Account setup fee, reinvestment fees, optional investment fees