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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$100 |
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Purchases |
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Minimum |
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$100.00 |
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Maximum |
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$10,000.00 |
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Fees |
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Account |
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None |
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Automatic |
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None |
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Optional |
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None |
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Reinvestment |
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None |
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$15.00 |
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Company |
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Additional |
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Sovran Self Storage DRIP Details:
The Sovran Self Storage Direct Stock Investment Plan offers an attractive holding vehicle for your Uncle Bob’s Self Storage investment with no account setup fees, no optional stock investment fees, and no dividend reinvestment fees. The Sovran REIT DRIP also offers a discount on stock investments and reinvested dividend up to 3%. For most investors the Sovran DRP is lowest cost holding vehicle for your SSS investment.
Pros:
No account setup fee
No optional investment fees
No dividend reinvestment fee
Low minimum initial investment ($100)
Discount up to 3% on stock investments and reinvested dividends
Cons:
Above average stock sale fee