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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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$20,000 |
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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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None |
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Sale Fee |
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$15.00 |
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Company |
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Additional |
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Carpenter DRIP Details:
The Carpenter Technology Corporation Direct Stock Investment Plan offers an above average holding vehicle for your Carpenter Metals investment with no account setup fees or dividend reinvestment fees, but does charge optional stock investment. For most long term investors the Carpenter DRIP may be the lowest cost holding vehicle for your CRS investment.
Pros:
No account setup fee
Lower than average optional investment fees
Low minimum initial investment ($250)
No dividend reinvestment fees
Cons:
Above average stock sale fee