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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 |
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Maximum |
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$10,000 |
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Fees |
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Account |
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$10 |
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Automatic |
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$2 |
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Optional |
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$5 |
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Reinvestment |
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5% up to $3 |
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$15 |
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Company |
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Additional |
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MSFT DRIP Details:
Microsoft Dividend Reinvestment Plan offers a below average holding vehicle for your Microsoft investment. Depending on your investment style you may want to consider a low cost brokerage such as Sharebuilder for your lowest cost holding vehicle.
Pros:
Initial investment through plan
Cons:
$10 account setup fee, $5 optional investment fee, dividend reinvestment fee