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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$500 |
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Purchases |
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Minimum |
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$50 |
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Maximum |
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$250,000 |
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Fees |
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Account |
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$10 |
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Automatic |
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$2.50 |
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Optional |
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$5 |
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Reinvestment |
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5% upto |
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$15 |
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Company |
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Additional |
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Best Buy DRIP Details:
The Best Buy Dividend Reinvestment Plan offers a below average holding vehicle for your Best Buy investment with high initial costs, purchase fees, and dividend reinvestment fees. For most long term investors, Sharebuilder or another low cost brokerage would offer the lowest cost holding vehicle for your BBY investment.
Pros:
None Identified
Cons:
$10 Initial Cost, $5 Investment Fee, Dividend Reinvestment Fees