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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$500 |
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Purchases |
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Minimum |
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$50 |
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Maximum |
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$250,000 |
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Fees |
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Account |
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$10.00 |
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Automatic |
$1.50 |
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Optional |
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$5 |
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Reinvestment |
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N/A |
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Sale Fee |
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$10 |
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Company |
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Additional |
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Brunswick Investment Plan Details:
Brunswick’s dividend reinvestment plan allows investors to make an initial investment through the stock plan to purchase their BC shares traded on the NYSE. We see the stock investment plan as a poor long term holding vehicle for most investors with its $10 account setup fee and $5 investment fee, unless you plan to invest using automatic monthly investments For most investors we believe a low cost brokerage like Sharebuilder will be your lowest cost holding vehicle for your Brunswick investment.
Pros:
$1.50 Automatic investment fee
Cons:
$10 account setup fee
$5 optional cash purchase fee