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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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$6,000,000 |
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Fees |
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Account |
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$0 |
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Automatic |
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$0 |
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Optional |
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$2.50 |
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Reinvestment |
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$0 |
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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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Procter & Gamble DRIP Details:
The ProcterGamble Dividend Reinvestment Plan offers a somewhat attractive holding vehicle for your Procter&Gamble investment with no account setup fees, no dividend reinvestment fees, no cost automatic investments, and below average investment fees. The PG DRIP could be the lowest hosting holding vehicle for your PG investment.
Pros:
No account setup fees
No dividend reinvestment fees,
No cost automatic monthly investments
Below average $2.50 optional cash investment fee
Cons:
Above average stock sale fee ($15 + brokerage commission)