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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$200 |
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Purchases |
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Minimum |
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$50.00 |
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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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$10.00 |
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Automatic |
$5.00 |
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Optional |
$5.00 |
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Reinvestment |
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5% upto $5 |
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$10.00 |
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Company Web |
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Additional |
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GlaxoSmithKline DRIP Details:
GlaxoSmithKline is a pharmaceutical and healthcare company. The GlaxoSmithKline Direct Stock Investment Plan offers a subpar holding vehicle for your Glaxo investment with an account setup fee, investment fees, and dividend reinvestment fees. For many investors a low cost brokerage such as Sharebuilder could be the lowest cost holding vehicle for your GSK investment.
Pros:
None
Cons:
Account setup fee
Dividend reinvestment fees
Above average investment fees