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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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$100.00 |
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Maximum |
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$3,000.00 |
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Fees |
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Account |
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$5.00 |
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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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$15.00 |
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Company |
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Additional |
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Entergy Corporation DRIP Details:
Entergy Corporation is an electric utility company servicing parts of Arkansas, Louisiana, Mississippi and Texas. The Entergy Direct Stock Investment Plan offers a mediocre holding vehicle for your Energen investment with an account setup fee, investment fees, but does feature no dividend reinvestment fees. Depending on your investment style a lowe cost brokerage such as Sharebuilder or the Entergy DRIP could be your lowest cost holding vehicle for your ETR investment.
Pros:
No dividend reinvestment fees
Below average electronic investment fee
Cons:
Account setup fee
Above average sale fee
Above average cash investment fee