Author: admindripadvice

Dell DRIP Details:
The Dell Dividend Reinvestment Plan offers a decent holding vehicle for your Dell investment with its $2.50 investment fee, no dividend reinvestment fees. For most individuals we would recommend the Dell DRIP plan compared to Sharebuilder for your DELL investment given its no cost dividend reinvestment and lower than average optional investment fees.
Pros:
$2.50 investment fee, free dividend reinvestment
Cons:
$15 sale fee

Yum Brands DRIP Details:
The Yum Dividend Reinvestment Plan offers a middle of the road vehicle for your Yum investment. For investors with a long term hold strategy including reinvesting dividends we would recommend a low cost brokerage such as Sharebuilder for your lowest cost holding vehicle. If you will not be reinvesting dividends than the Yum DRIP plan may be your lowest cost account with its $2.50 investment fee.
Pros:
$2.50 investment fee
Cons:
$15 sale fee, dividend reinvestment fees

Citigroup DRIP Details:
The Citigroup Dividend Reinvestment Plan offers a poor holding vehicle for your Citigroup investment unless you already own shares of Citigroup. For new Citi investors we would recommend Sharebuilder or another low cost investment vehicle for your C investment given requirement to purchase at least 1 share through a brokerage before enrolling in the DRIP.
Pros:
No dividend reinvestment fee
Cons:
requires 1 share to enroll

Caterpillar DRIP Details:
The Caterpillar Dividend Reinvestment Plan offers a middle of the road vehicle for your Catepillar investment. For most investors with a long term hold strategy including reinvesting dividends we would recommend a low cost brokerage such as Sharebuilder for your lowest cost holding vehicle. If you will not be reinvesting dividends than the CAT DRIP plan may be your lowest cost account with its $2.50 investment fee.
Pros:
$2.50 investment fee
Cons:
$15 enrollment fee, dividend reinvestment fees

Hewlett-Packard DRIP Details:
The HP Dividend Reinvestment Plan offers a less than attractive holding vehicle for your Hewlett Packard investment with its 10 shares to enroll requirement. If you don’t already own HP stock, then a low cost investment vehicle such as Sharebuilder would be your lowest cost holding vehicle for your HPQ investment.
Pros:
no account setup fee
Cons:
requires 10 shares to enroll, dividend reinvestment fees

Johnson & Johnson DRIP Details:
The Johnson&Johnson Dividend Reinvestment Plan offers a less than attractive holding vehicle for your Johnson & Johnson investment with its 1 share to enroll requirement. If you don’t already own Johnson & Johnson stock, then a low cost investment vehicle such as Sharebuilder would be your lowest cost holding vehicle for your JNJ investment.
Pros:
no account setup fee, no dividend reinvestment fee
Cons:
requires 1 share to enroll