General American Investors Company (GAM) DRIP

DRIP Plan Highlights

Enrollment

 

 

Initial Purchase

 

$500

 

 

 

 

Purchases

 

 

Minimum
purchase

 

$100

Maximum purchase

 

$10,000.00

 

 

 

 

Fees

 

 

 

Account
Setup Fee

 

None

Automatic
Invesment Fee

 

$2.50

Optional
Cash Purchase

 

$2.50

Reinvestment
Fee

 

None

Sale Fee

 

 

$15.00

 

 

 

 

Company
Web Site

 

http://www.generalamericaninvestors.com/

Additional
Plan Information

Agent Site

General American Investors Company DRIP Details:
The General American Investors Direct Stock Investment Plan offers a mediocre holding vehicle for your General American investment with no account setup fees, no dividend reinvestment fees, but does charge optional stock investment fees. For many long term investors the General American DRIP will be the lowest cost holding vehicle for your GAM investment.
Pros:
No account setup fee
Lower than average optional investment fees
No dividend reinvestment fees
Cons:
Above average stock sale fee