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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 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 AMCOL International DRIP Details:
The AMCOL Direct Stock Investment Plan offers a mediocre holding vehicle for your AMCOL investment with no account setup fee, optional investment fees, and dividend reinvestment fees. Depending on your investment style the AMCOL DRIP may be your lowest cost holding vehicle. If you are a long term investor who plans to reinvest dividends for the foreseeable future than a low cost brokerage like Sharebuilder may be the lowest cost holding vehicle for your ACO investment.
Pros:
No account setup fee
Lower than average stock investment fees
Cons:
Dividend reinvestment fees
Higher than average sales fee