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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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$25,000 |
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Fees |
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Account |
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None |
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Automatic |
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$2.50 |
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Optional |
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$2.50 |
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Reinvestment |
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2% up to $2.50 |
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Sale Fee |
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$10.00 |
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Company |
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Additional |
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The Adams Express DRIP Details:
The Adams Express Direct Stock Investment Plan offers a mediocre holding vehicle for your Adam Express investment with less than average investment fees, but it does have dividend reinvestment fees. For many investors a low cost brokerage such as Sharebuilder would be the lowest cost holding vehicle for your ADX investment.
Pros:
No account setup fees
Below average stock investment fees
Cons:
Dividend reinvestment fees