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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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$50.00 |
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Maximum |
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$10,000.00 |
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Fees |
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Account |
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$15.00 |
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Automatic |
$2.00 |
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Optional |
$5.00 |
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Reinvestment |
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None |
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Sale Fee |
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$15.00 |
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Company |
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Additional |
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Home Properties Inc DRIP Details:
Home Properties Inc is a multifamily real estate investment trust (REIT) focused primarily on the East Cost. The Home Properties Inc Direct Stock Investment Plan offers a subpar holding vehicle for your HomeProperties investment with its account setup fee, investment fees, but does offer no dividend reinvestment fees. For many investors a low cost brokerage such as Sharebuilder could be the lowest cost holding vehicle for your HME investment.
Pros:
No dividend reinvestment fees
Cons:
Account setup fee
Above average cash investment fees
High minimum investment ($1,000)
Above average sales fee