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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 purchase |
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$10,000 |
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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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$15.00 |
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Company Web |
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Additional |
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The Akzo Nobel DRIP Details:
The AkzoNobel (makes of Glidden paint) Direct Stock Investment Plan offers a middle of the road holding vehicle for your AkzoNobel investment with its $.250 stock investment fees, and dividend reinvestment fees. Depending on your investment style the AkzoNobel DRIP may be your lowest cost holding vehicle if you plenty to make regular investments over a long period. For long term investors you may find a low cost brokerage such as Sharebuilder with no dividend reinvestment fees the lowest cost holding vehicle for your AKZOY investment.
Pros:
Below average stock investment fees
Cons:
Dividend reinvestment fees
Higher than average sales fee