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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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$50.00 |
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Maximum purchase |
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$250,000.00 |
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Fees |
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Account |
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$10.00 |
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Automatic |
$2.50 |
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Optional |
$5.00 |
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Reinvestment |
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5% upto $3 |
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Sale Fee |
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$15.00 |
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Company Web |
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Additional |
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Frontier Communications DRIP Details:
Frontier Communications is an independent telecommunications company that operates in 27 states. The Frontier Communications Direct Stock Investment offers a mediocre holding vehicle for your Frontier investment with its $10 account setup fee, dividend reinvestment fees, and investment fees. For most investors a low cost brokerage such as Sharebuilder would be your lowest cost holding vehicle for your FTR investment.
Pros:
Lower than average automatic investment fees
Cons:
Account setup fee
Dividend investment fees
Above average stock sale fee