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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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$100,000.00 |
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Fees |
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Account |
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$10.00 |
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Automatic |
$5.00 |
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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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Unilevel DRIP Details:
Unilever is a multinational consumer good company. The company is dual listed with Unilevel PLC and Unilever NV shares which are both listed on the NYSE. Currently the company offers a DRIP plan for each share listing with the same fee structure. The Unliever Direct Stock Investment Plan offers a mediocre holding vehicle for your Unilever investment with an account setup fee, investment fees, but they do feature no dividend reinvestment fees. Depending on your investment style a low cost brokerages such as Sharebuilder or the Unilever DRIPs could be the lowest cost holding vehicle for your UL investment.
Pros:
No dividend reinvestment fees
Cons:
Account setup fee
Above average investment fees