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DRIP Plan Highlights |
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Enrollment |
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Please note: This DRIP does not allow initial |
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Minimum |
1 Share |
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Purchases |
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Minimum |
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$100 |
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Maximum |
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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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$1.50 |
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Optional |
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None |
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Reinvestment |
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None |
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$0.07/share |
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Company |
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Additional |
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Illinois Tool Works Inc DRIP Details:
Illinois Tool Works Inc makes fasteners, components, specialty equipment and consumable systems. The Illinois Tool Works Dividend Reinvestment Plan offers a poor holding vehicle for your ITW investment unless you already own shares. For investors without an existing investment in ITW, a low cost brokerage such as Sharebuilder would be your lowest cost holding vehicle for your ITW investment.
Pros:
Below average investment fees
Cons:
Requires 1 share to enroll