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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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Customer |
$25.00 |
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Purchases |
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Minimum |
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$25 |
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Maximum |
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$3,333 |
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Fees |
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Account |
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None |
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Automatic |
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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Sale Fee |
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$10.00 |
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Company |
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Additional |
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Connecticut Water Service Inc DRIP Details:
Connecticut Water Service Inc operates ConnecticutWater which is a regulated water utility. The Connecticut Water Service Inc Dividend Reinvestment Plan offers a potentially poor holding vehicle for your Connecticut Water Service Inc investment as it either requires 1 share to enroll or to be a ConnecticutWater customer/employee to make an initial investment. For investors who don’t already own Connecticut Water Service shares or are customers, a low cost brokerage such as Sharebuilder would be the lowest cost holding vehicle for your CTWS investment.
Pros:
No account setup fees
No dividend reinvestment fees
No investment fees
DRIP offers up to a 5% discount on shares purchased through plan
Cons:
Requires 1 share to enroll or to be a Connecticut Water customer with a $25 initial investment