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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 |
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Maximum |
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$120,000 |
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Fees |
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Account Setup |
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$15.00 |
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Automatic |
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$2.00 |
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Optional |
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$3.50 |
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Reinvestment |
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None for < 100shares |
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$15.00 |
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Company |
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Additional |
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Kohls Corporation DRIP Details:
The Kohl’s Department Stores Inc Direct Stock Purchase and Dividend Reinvestment Plan offers an unattractive holding vehicle for your Kohl’s Illinois, Inc investment with enrollment fees, purchase fees, and above average sales fees. For most long term investors a low cost broker such as Sharebuilder would be your lowest cost holding vehicle for your KSS investment.
Pros:
No dividend reinvestment fees for < 100 shares
Cons:
Account Setup Fee
Dividend reinvestment fees for > 100 shares, 5% up to $3.
Above average investment sale fee