Cummins Inc (CMI) 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			$10
Maximum purchase			$24,000
Fees
Account Setup Fee			None
Automatic investment Fee			None
Optional Cash Purchase			None
Reinvestment Fee			None
Sale Fee			$15
Company Web Site			http://www.cummins.com
Additional Plan Information			Agent Site

Cummins DRIP Details:
The Cummins Dividend ReInvestment Plan offers an unattractive holding vehicle for your Cummins investment since it requires 1 share to enroll in the plan. For most investors who don’t already own Cummins stock, a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your CMI investment.
Pros:
No account setup fee
No optional investment fees
No dividend reinvestment fees
Cons:
Requires 1 share to enroll
Above average stock sale fee