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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$250 |
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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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$4 |
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Reinvestment |
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5% up to $3 |
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Sale Fee |
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$15 |
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Company |
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Additional |
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CVX DRIP Details:
The Chevron Dividend Reinvestment Plan offers a less than attractive holding vehicle for your Chevron Texaco investment with its dividend reinvestment, account setup fee and optional investment fee. You should consider low cost brokerages such as Sharebuilder for your lowest cost holding vehicle.
Pros:
Initial investment through plan
Cons:
$10 account setup fee, $4 optional cash purchase fee, 5% dividend reinvestment fee