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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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$120,000 |
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Fees |
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Account |
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$10.00 |
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Automatic |
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$2.50 |
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Optional |
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$4.00 |
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Reinvestment |
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10% upto |
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$15.00 |
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Company |
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Additional |
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Viacom Inc DRIP Details:
The Viacom Direct Stock Purchase and Dividend Reinvestment Plan offers an unattractive holding vehicle for your Viacom investment with enrollment fees, purchase fees, dividend reinvestment fees, and above average sales fees. For most long term investors a low cost broker such as Sharebuilder would be your lowest cost holding vehicle for your VIA investment.
Pros:
Below average automatic investment fee
Cons:
Account Setup Fee
Dividend reinvestment fees
Above average investment sale fee