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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$1,000 |
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Purchases |
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Minimum |
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$50.00 |
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Maximum |
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$150,000.00 |
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Fees |
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Account |
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$15.00 |
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Automatic |
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$2.00 |
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Optional |
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$5.00 |
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Reinvestment |
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3% up to $3 |
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$15.00 |
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Company |
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Additional |
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Eli Lilly and Company DRIP Details:
The Eli Lilly Direct Stock Investment Plan offers a poor holding vehicle for your Lilly investment with account setup fees, optional stock investment fees, and dividend reinvestment fees. For nearly all investors a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your LLY investment.
Pros:
Automatic investment fee is less than average
Cons:
Account setup fee
Dividend reinvestment fees
Above average optional investment fees
Above average stock sale fee