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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$250 |
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Purchases |
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Minimum |
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$40 |
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Maximum purchase |
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$100,000 |
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Fees |
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Account |
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$15 |
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Automatic |
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$2 |
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Optional |
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$5 |
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Reinvestment |
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5% upto |
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$15 |
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Company |
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Additional |
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Dominion Energy DRIP Details:
The Dominion Resources Buy Stock Direct Plan offers a below average holding vehicle for your Dominion investment with initial setup fees, stock purchase fees, and dividend reinvestment fees. For most long term investors, Sharebuilder or another low cost brokerage would likely offer the lowest cost holding vehicle for your DOM investment.
Pros:
Initial investment through DRIP plan
Cons:
Initial Account fee
Stock purchase fee
Dividend reinvestment fee