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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$500 |
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Purchases |
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Minimum |
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$50 |
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Maximum purchase |
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$10,000.00 |
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Fees |
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Account |
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None |
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Automatic |
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$5.00 |
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Optional |
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$5.00 |
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Reinvestment |
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None |
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$15.00 |
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Company |
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Additional |
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Equifax DRIP Details:
The Equifax Direct Stock Investment Plan offers a somewhat poor holding vehicle for your EFX investment with no account setup fees, but does charges an above average optional stock investment fee. For most investors a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your EFX investment.
Pros:
No account setup fee
No dividend reinvestment fees
Cons:
Above average optional investment fees
Above average stock sale fee