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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$150 |
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Purchases |
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Minimum purchase |
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$50 |
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Maximum |
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$120,000 |
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Fees |
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Account |
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$10 |
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Automatic |
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$2 |
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Optional |
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$5 |
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Reinvestment |
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5% up to $3 |
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Sale Fee |
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$15 |
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Sale Processing |
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N/A |
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Company |
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Additional |
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EK DRIP Details:
Eastman Kodak’s Dividend Reinvestment Plan is a less than attractive holding vehicle for a Kodak investment. With its account setup fee, dividend reinvestment fee, and optional investment fee a investor should strongly look at low cost brokerages such as Sharebuilder for the lowest cost holding vehilce for your Kodak investment.
Pros:
Initial investment through plan
Cons:
Account setup fee, dividend reinvestment fee, above average optional investment fee