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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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$50.00 |
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Maximum |
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$100,000.00 |
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Fees |
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Account |
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$15.00 |
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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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None |
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Sale Fee |
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$15.00 |
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Company |
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Additional |
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Imation Corporation DRIP Details:
The Imation Dividend ReInvestment Plan offers a poor holding vehicle for your Imation investment with its $10 account setup fee, above average sales fee, and investment fees. For most investors a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your IMN investment.
Pros:
Cons:
Optional investment fees
Account setup fee
Above average stock sale fee