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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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$50.00 |
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Maximum purchase |
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$150,000.00 |
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Fees |
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Account |
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$10.00 |
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Automatic |
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None |
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Optional |
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$5.00 |
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Reinvestment |
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5% up to $3 |
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Sale Fee |
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$15.00 |
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Company Web |
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Additional |
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Allstate Corporation DRIP Details:
The Allstate Direct Stock Investment Plan offers an unattractive holding vehicle for your Allstate insurance investment with no account setup fees, optional stock investment fees, and dividend reinvestment fees. For most investors the a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your ALL investment.
Pros:
None
Cons:
Account setup fee
Optional investment fees
Above average stock sale fee
Dividend reinvestment fees