Illinois Tool Works Inc (ITW) DRIP

DRIP Plan Highlights
Enrollment
Please note: This DRIP does not allow initial investments by non-shareholders. Only existing shareholders may enroll in this DRIP.
Minimum shares required to enroll			1 Share
Purchases
Minimum purchase			$100
Maximum purchase			$10,000
Fees
Account Setup Fee			None
Automatic investment Fee			$1.50
Optional Cash Purchase			None
Reinvestment Fee			None
Sale Fee			$0.07/share
Company Web Site			http://www.itw.com
Additional Plan Information			Agent Site

Illinois Tool Works Inc DRIP Details:
Illinois Tool Works Inc makes fasteners, components, specialty equipment and consumable systems. The Illinois Tool Works Dividend Reinvestment Plan offers a poor holding vehicle for your ITW investment unless you already own shares. For investors without an existing investment in ITW, a low cost brokerage such as Sharebuilder would be your lowest cost holding vehicle for your ITW investment.
Pros:
Below average investment fees
Cons:
Requires 1 share to enroll