3M (MMM) 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			$10
Maximum purchase			$10,000
Fees
Account Setup Fee			$0
Automatic investment Fee			$0
Optional Cash Purchase			$0
Reinvestment Fee			$0
Sale Fee			$10
Company Web Site			http://www.3M.com/
Additional Plan Information			Agent Site

MMM DRIP Details:
The 3M Dividend Reinvestment Plan offers a less than attractive holding vehicle for your 3M investment since it requires 1 share to enroll. The cost to buy 1 share and issue the certificate through a brokerage likely outweigh the benefit of the DRIP. You could consider low cost brokerages such as Sharebuilder for your lowest cost holding vehicle.
Pros:
low $10 minimum purchase, no dividend reinvestment fees, no optional cash purchase fees.
Cons:
1 share required to enroll