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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$1,000 |
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Purchases |
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Minimum |
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$250 |
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Maximum purchase |
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$10,000 |
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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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$15.00 |
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Company |
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Additional |
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Chimera Investment Corporation DRIP Details:
Chimera Investment Corporation is a real estate investment trust (REIT) that invests in residential mortgage-backed securities (RMBS), mortgages, and other real estate type securities. The Chimera Investment Corporation Direct Stock Investment Plan offers an attractive holding vehicle for your Chimera investment with no account setup fees, no investment fees, and no dividend reinvestment fees. For most long term investors the CIM DRIP would likely be your lowest cost holding vehicle for your CIM investment.
Pros:
No account setup fees
No dividend reinvestment fees
No investment fees
Cons:
Above average stock sales fee