|
DRIP Plan Highlights |
|||
|
Enrollment |
|
|
|
|
Initial Purchase |
|
$500 |
|
|
|
|
|
|
|
Purchases |
|
|
|
|
Minimum |
|
$100 |
|
|
Maximum |
|
$10,000 |
|
|
|
|
|
|
|
Fees |
|
|
|
|
Account |
|
$7.50 |
|
|
Automatic |
|
$.10/share |
|
|
Optional |
|
$.10/share |
|
|
Reinvestment |
|
3% upto |
|
|
|
|
|
$10.00 |
|
|
|
|
|
|
Company Web |
|
||
|
Additional |
|||
Arbitron Inc DRIP Details:
Arbitron Inc is an international media and marketing research firm for the radio, television, cable, and mobile industries. The Arbitron Direct Stock Investment Plan offers a mediocre holding vehicle for your Arbitron investment with account setup fees and dividend reinvesmtent fees, but below average investment fees for small investors. For long term investors who plan to reinvest their dividends, a low cost brokerage such as Sharebuilder will be your lowest cost holding vehicle for your ARB investment.
Pros:
Below average investment fees for small investors
Cons:
Dividend reinvestment fee 3% up to $1.50
Account setup fee