Corning Natural Gas Corporation (CNIG) DRIP

DRIP Plan Highlights
Enrollment
Please note: This DRIP does not allow initial investments by non-shareholders. Only existing shareholders may enroll in this DRIP.
Minimum shares required to enroll			1 Share
Purchases
Minimum purchase			N/A
Maximum purchase			N/A
Fees
Account Setup Fee			None
Automatic Investment Fee			N/A
Optional Cash Purchase			N/A
Reinvestment Fee			None
Sale Fee			$15.00
Company Web Site			http://www.corninggas.com
Additional Plan Information			Agent Site

Corning Natural Gas Corporation DRIP Details:
Corning Natural Gas Corporation is a natural gas distribution company that operates in New York. The Corning Natural Gas Dividend Reinvestment Plan offers a poor holding vehicle for your Corning Natural Gas investment as it requires at least 1 share to enroll. For investors who don’t already own Corning Natural Gas shares, a low cost brokerage such as Sharebuilder would be the lowest cost holding vehicle for your CNIG investment.
Pros:
No account setup fees
No dividend reinvestment fees
5% discount on shares purchased with reinvested dividends
Cons:
Requires 1 share to enroll
Above average stock sale fee
Does not allow additional investments through plan