|
DRIP Plan Highlights |
|||
|
Enrollment |
|
|
|
|
Initial Purchase |
|
$250 |
|
|
|
|
|
|
|
Purchases |
|
|
|
|
Minimum |
|
$25 |
|
|
Maximum |
|
$10,000 |
|
|
|
|
|
|
|
Fees |
|
|
|
|
Account |
|
None |
|
|
Automatic |
|
$2.50 |
|
|
Optional |
|
$2.50 |
|
|
Reinvestment |
|
2% up to $2.50 |
|
|
|
|
|
$15.00 |
|
|
|
|
|
|
Company |
|
||
|
Additional |
|||
Arch Coal DRIP Details:
The Arch Coal Direct Stock Investment Plan offers a mediocre holding vehicle for your ACI investment with no account setup fees, but does charge optional stock investment and dividend reinvestment fees. For most long term investors a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your ACI investment.
Pros:
No account setup fee
Lower than average optional investment fees
Cons:
Dividend reinvestment fees
Above average stock sale fee