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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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$25 |
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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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$15 |
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Automatic |
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$1 |
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Optional |
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$2.50 |
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Reinvestment |
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5% upto $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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Caterpillar DRIP Details:
The Caterpillar Dividend Reinvestment Plan offers a middle of the road vehicle for your Catepillar investment. For most investors with a long term hold strategy including reinvesting dividends we would recommend a low cost brokerage such as Sharebuilder for your lowest cost holding vehicle. If you will not be reinvesting dividends than the CAT DRIP plan may be your lowest cost account with its $2.50 investment fee.
Pros:
$2.50 investment fee
Cons:
$15 enrollment fee, dividend reinvestment fees