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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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$100.00 |
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Maximum |
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$60,000.00 |
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Fees |
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Account |
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$5.00 |
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Automatic |
None |
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Optional |
None |
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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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Great Plains Energy DRIP Details:
Great Plains Energy Incorporated is the holding company for Kansas City Power & Light (KCP&L) as well as the Great Missouri Operations Company. The Great Plains Energy Direct Stock Investment offers a fair holding vehicle for your Great Plains Energy investment with its $5 account setup fee, and feature no stock investment fees or dividend reinvestment fees. For most long term investors the Great Plains Energy DRIP would be the lowest cost holding vehicle for your GXP investment.
Pros:
No dividend investment fees
No optional investment fees
Cons:
Account setup fee
Above average stock sale fee