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DRIP Plan Highlights |
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Enrollment |
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Please note: This DRIP does not allow initial |
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Minimum |
1 Share |
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Purchases |
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Minimum |
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$10 |
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Maximum |
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$60,000 |
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Fees |
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Account |
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None |
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Automatic |
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None |
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Optional |
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None |
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Reinvestment |
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None |
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$0.08/share |
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Company |
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Additional |
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Genuine Parts Company DRIP Details:
Genuine Parts Company is a service company that distributes automotive parts through its NAPA Group, industrial parts through Motion Industries, and office products through S.P.Richards Company. The Genuine Parts Company Dividend Reinvestment Plan offers a poor holding vehicle for your Genuine Parts Company investment unless you already own shares. For investors without an existing investment in Genuine Parts Company, a low cost brokerage such as Sharebuilder would be your lowest cost holding vehicle for your GPC investment.
Pros:
None
Cons:
Requires 1 share to enroll