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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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$20 |
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Maximum |
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$30,000 |
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Fees |
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Account |
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None |
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Automatic |
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$1.00 |
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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 |
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Company |
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Additional |
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Cliff Natural Resources Inc DRIP Details:
Cliffs Natural Resources Inc is a natural resource and mining company. The Cliffs Natural Resources Dividend Reinvestment Plan offers a poor holding vehicle for your Cliffs investment unless you already have shares as it requires shares to enroll in the plan. For investors without existing Cliffs shares a low cost brokerage such as Sharebuilder would be the lowest cost holding vehicle for your CLF investment.
Pros:
No dividend reinvestment fees
Below average investment fees
Cons:
Requires 1 share to enroll