Best Buy (BBY) DRIP

DRIP Plan Highlights

Enrollment

 

 

Initial Purchase

 

$500

 

 

 

 

Purchases

 

 

Minimum
purchase

 

$50

Maximum
purchase

 

$250,000

 

 

 

 

Fees

 

 

 

Account
Setup Fee

 

$10

Automatic
investment Fee

 

$2.50

Optional
Cash Purchase

 

$5

Reinvestment
Fee

 

5% upto
$3

Sale Fee

 

 

$15

 

 

 

 

Company
Web Site

 

http://www.bestbuy.com

Additional
Plan Information

Agent Site

Best Buy DRIP Details:
The Best Buy Dividend Reinvestment Plan offers a below average holding vehicle for your Best Buy investment with high initial costs, purchase fees, and dividend reinvestment fees. For most long term investors, Sharebuilder or another low cost brokerage would offer the lowest cost holding vehicle for your BBY investment.
Pros:
None Identified
Cons:
$10 Initial Cost, $5 Investment Fee, Dividend Reinvestment Fees