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DRIP Plan Highlights |
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Enrollment |
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Please note: This DRIP does not allow initial |
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Minimum |
1 Share |
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Purchases |
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Minimum |
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$10 |
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Maximum |
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$5,000 |
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Fees |
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Account |
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None |
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Automatic |
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None |
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Optional |
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None |
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Reinvestment |
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None |
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$10 |
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Company |
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Additional |
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The Charles Schwab Corporation DRIP Details:
The Charles Schwab Corporation Dividend ReInvestment Plan offers an unattractive holding vehicle for your Charles Schwab investment as it requires at least 1 share of stock before you enroll. For who don’t already own Schwab stock, a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your SCHW investment.
Pros:
No account setup fee
No optional investment fees
No dividend reinvestment fees
Cons:
Requires 1 share to enroll