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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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$50 |
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Maximum |
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$100,000 |
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Fees |
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Account |
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$10.00 |
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Automatic |
$5.00 |
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Optional |
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$5.00 |
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Reinvestment |
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N/A |
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Sale Fee |
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$10 |
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Company |
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Additional |
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Ericcson DRIP Details:
The ELM Ericson Direct Reinvestment Plan offers an unattractive investment holding vehicle for your Ericsson investment with account setup fee and stock investment fees. For most investors a low cost brokerage such as Sharebuilder would be the lowest cost holding vehicle for your ERIC investment.
Pros:
No dividend reinvestment fee
Cons:
Account setup fee
Stock investment fee