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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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$50.00 |
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Maximum purchase |
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$100,000.00 |
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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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None |
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$10.00 |
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Company |
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Additional |
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KB Financial Group Inc DRIP Details:
KB Financial Group Inc is a leading Korean financial institution that trades on the NYSE with ADRs. The KB Financial Group Direct Stock Investment Plan offers a mediocre holding vehicle for your KB investment with account setup fees and investment fees, but does feature no dividend reinvestment fees. For most investors a low cost brokerage such as Sharebuilder would likely be your lowest cost holding vehicle for your KB investment.
Pros:
No dividend investment fees
Cons:
Account setup fee
Above average investment fees