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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$200 |
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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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$10.00 |
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Automatic |
$5.00 |
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Optional |
$5.00 |
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Reinvestment |
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5% upto $5 |
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$10.00 |
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Company Web |
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Additional |
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Elan Corporation DRIP Details:
Elan Corporation is a neuroscience biotech company based in Ireland. The Elan Direct Stock Investment Plan offers a poor holding vehicle for your Elan investment with account setup fees, investment fees, and dividend reinvestment fee. For many investors a low cost brokerage such as Sharebuilder would be your lowest cost holding vehicle for your ELN investment.
Pros:
Cons:
Account setup fee
Dividend reinvestment fees
Above average investment fee