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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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$25,000.00 |
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Fees |
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Account |
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$10.00 |
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Automatic |
$1.50 |
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Optional |
$5.00 |
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Reinvestment |
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None |
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$10.00 |
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Company |
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Additional |
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The Andersons, Inc DRIP Details:
The Andersons, Inc is an agricultural company based out of Ohio. The Andersons, Inc Direct Stock Investment Plan offers a potentially attractive holding vehicle for your Andersons investment depending on your investment style. The plans does have an account setup fee, but features lower than average automatic investment fees and no dividend reinvestment fees for DRIP investors. For long term DRIP investors the Andersons DRIP could be the lowest cost holding vehicle for your TCB investment.
Pros:
Below average automatic investment fees
No dividend reinvestment fees
Cons:
Account setup fee
Above average one-time investment fees