Author: admindripadvice

DRIP Plan Highlights
Enrollment
Initial Purchase			$250
Purchases
Minimum purchase			$100
Maximum purchase			$10,000
Fees
Account Setup Fee			$0
Automatic investment Fee			$0
Optional Cash Purchase			$0
Reinvestment Fee			$0
Sale Fee			$15
Company Web Site			http://www.paychex.com
Additional Plan Information			Agent Site

PAYX DRIP Details:
The Paychex Dividend Reinvestment Plan offers an attractive holding vehicle for your Pay Chex investment with its free dividend reinvestment, and no investment fees. You could consider low cost brokerages such as Sharebuilder for other benefits, but the Paychex DRIP is likely your lowest cost holding vehicle.
Pros:
Initial investment through plan, no investment fees, no account fees, no dividend reinvestment fees
Cons:
$15 sales fee

DRIP Plan Highlights
Enrollment
Initial Purchase			$250
Purchases
Minimum purchase			$50
Maximum purchase			$60,000
Fees
Account Setup Fee			$10
Automatic investment Fee			$1.50
Optional Cash Purchase			$5
Reinvestment Fee			$0
Sale Fee			$15
Company Web Site			http://www.walgreens.com/
Additional Plan Information			Agent Site

WAG DRIP Details:
The Walgreens Dividend Reinvestment Plan offers a less than attractive holding vehicle for your Walgreens investment depending on your investment style. The Walgreens DRIP could be your lowest cost holding vehicle if you plan on making regular automatic investments in Walgreens stock for an extended period of time. If not, you should consider low cost brokerages such as Sharebuilder for your lowest cost holding vehicle.
Pros:
Initial investment through plan, no dividend reinvestment fee
Cons:
$10 account setup fee, $5 optional cash purchase fee

DRIP Plan Highlights
Enrollment
Initial Purchase			$500
Purchases
Minimum purchase			$50
Maximum purchase			$250,000
Fees
Account Setup Fee			$0
Automatic investment Fee			$0
Optional Cash Purchase			$0
Reinvestment Fee			$0
Sale Fee			$15
Company Web Site			http://www.aquaamerica.com
Additional Plan Information			Agent Site

WTR DRIP Details:
The Aqua America Dividend Reinvestment Plan offers an attractive holding vehicle for your Aqua investment investment with its free dividend reinvestment, no investment fee, and no account setup fee. You could consider low cost brokerages such as Sharebuilder for other benefits, but Aqua America’s plan will likely be your lowest cost holding vehicle.
Pros:
Initial investment through plan
Cons:
$500 minimum inital investment, $15 sale fee

DRIP Plan Highlights
Enrollment
Please note: This DRIP does not allow initial investments by non-shareholders. Only existing shareholders may enroll in this DRIP.
Minimum shares required to enroll			1 Share
Purchases
Minimum purchase			$25
Maximum purchase			$5,000
Fees
Account Setup Fee			$0
Automatic investment Fee			$1
Optional Cash Purchase			$0
Reinvestment Fee			$0
Sale Fee			$10
Company Web Site			http://www.alcoa.com
Additional Plan Information			Agent Site

AA DRIP Details:
The Alcoa Dividend Reinvestment Plan offers a less than attractive holding vehicle for your Alcoa investment due to its requirement that you already own 1 share to join. If you don’t already own 1 share in certificate form you will likely need to pay brokerages commisions to buy the share and a fee to issue the certificate. You should consider low cost brokerages such as Sharebuilder for your lowest cost holding vehicle.
Pros:
No account setup fee, no optional purchase fee, no dividend reinvestment fee
Cons:
Requires 1 share to join

DRIP Plan Highlights
Enrollment
Please note: This DRIP does not allow initial investments by non-shareholders. Only existing shareholders may enroll in this DRIP.
Minimum shares required to enroll			1 Share
Purchases
Minimum purchase			$10
Maximum purchase			$10,000
Fees
Account Setup Fee			$0
Automatic investment Fee			$0
Optional Cash Purchase			$0
Reinvestment Fee			$0
Sale Fee			$10
Company Web Site			http://www.3M.com/
Additional Plan Information			Agent Site

MMM DRIP Details:
The 3M Dividend Reinvestment Plan offers a less than attractive holding vehicle for your 3M investment since it requires 1 share to enroll. The cost to buy 1 share and issue the certificate through a brokerage likely outweigh the benefit of the DRIP. You could consider low cost brokerages such as Sharebuilder for your lowest cost holding vehicle.
Pros:
low $10 minimum purchase, no dividend reinvestment fees, no optional cash purchase fees.
Cons:
1 share required to enroll

DRIP Plan Highlights
Enrollment
Initial Purchase			$250
Purchases
Minimum purchase			$50
Maximum purchase			$10,000
Fees
Account Setup Fee			$10
Automatic investment Fee			$2
Optional Cash Purchase			$3
Reinvestment Fee			5% upto $2
Sale Fee			$25
Company Web Site			http://www.pepsico.com/
Additional Plan Information			Agent Site

PEP DRIP Details:
The Pepsico Dividend Reinvestment Plan is a mediocre holding vehicle for your Pepsi investment depending on your investment style. The Pepsi DRIP plan does charge an account setup fee, investment fee, and dividend reinvestment fees. For most long term investors who will reinvest their dividend, a low cost brokerages such as Sharebuilder will likely be your lowest cost holding vehicle for your Pepsi investment.
Pros:
Initial investment through plan,
Cons:
$250 initial investment minimum, $10 account setup fee, $2-$3 investment fees, Dividend reinvestment fees, above average stock sale fee

DRIP Plan Highlights
Enrollment
Initial Purchase			$250
Purchases
Minimum purchase			$50
Maximum purchase			N/A
Fees
Account Setup Fee			$0
Automatic investment Fee			$0
Optional Cash Purchase			$0
Reinvestment Fee			$0
Sale Fee			$10
Company Web Site			http://www.lockheedmartin.com
Additional Plan Information			Agent Site

LMT DRIP Details:
The Lockheed Martin Dividend Reinvestment Plan offers a very attractive holding vehicle for your Lockheed Martin investment. You could consider low cost brokerages such as Sharebuilder for other benefits (such as real time trades), but the Lockheed DRIP is likely your overall lowest cost holding vehicle.
Pros:
Initial investment through plan, no optional purchase fees, no dividend reinvestment fee
Cons:
$250 initial investment minimum

DRIP Plan Highlights
Enrollment
Initial Purchase			$500
Purchases
Minimum purchase			$50
Maximum purchase			$120,000
Fees
Account Setup Fee			$10
Automatic investment Fee			$2.50
Optional Cash Purchase			$5
Reinvestment Fee			5% up to $3
Sale Fee			$15
Company Web Site			http://www.pfizer.com/
Additional Plan Information			Agent Site

PFE DRIP Details:
Please note the Pfizer Dividend Reinvestment Plan changed 11/2012 and now offers a mediocre holding vehicle for your Pfizer investment. A low cost brokerage such as Sharebuilder would likely be your overall lowest cost holding vehicle for your PFE investment
Pros:
Initial investment through plan
Cons:
$500 initial investment minimum, $15 sales fee
Dividend reinvestment fee
$5 investment fee ($5)

DRIP Plan Highlights
Enrollment
Initial Purchase			$250
Purchases
Minimum purchase			$50
Maximum purchase			$10,000
Fees
Account Setup Fee			$10
Automatic investment Fee			$2
Optional Cash Purchase			$4
Reinvestment Fee			5% up to $3
Sale Fee			$15
Company Web Site			http://www.chevron.com/
Additional Plan Information			Agent Site

CVX DRIP Details:
The Chevron Dividend Reinvestment Plan offers a less than attractive holding vehicle for your Chevron Texaco investment with its dividend reinvestment, account setup fee and optional investment fee. You should consider low cost brokerages such as Sharebuilder for your lowest cost holding vehicle.
Pros:
Initial investment through plan
Cons:
$10 account setup fee, $4 optional cash purchase fee, 5% dividend reinvestment fee

DRIP Plan Highlights
Enrollment
Initial Purchase			$250
Purchases
Minimum purchase			$25
Maximum purchase			$10,000
Fees
Account Setup Fee			$0
Automatic investment Fee			$0
Optional Cash Purchase			$0
Reinvestment Fee			$0
Sale Fee			$15
Company Web Site			http://www.conocophillips.com/
Additional Plan Information			Agent Site

COP DRIP Details:
The ConocoPhilips Dividend Reinvestment Plan is one of the lowest cost ways to hold a ConoccoPhilip investment.
Pros:
Allows initial investment through plan, no optional investment fees, no reinvestment fees, low $25 minimum option investment amount
Cons:
None.