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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 |
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Maximum |
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N/A |
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Fees |
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Account Setup |
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$0 |
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Automatic |
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$0 |
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Optional |
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$0 |
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Reinvestment |
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$0 |
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Sale Fee |
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$10 |
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Company |
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Additional |
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LMT DRIP Details:
The Lockheed Martin Dividend Reinvestment Plan offers a very attractive holding vehicle for your Lockheed Martin investment. You could consider low cost brokerages such as Sharebuilder for other benefits (such as real time trades), but the Lockheed DRIP is likely your overall lowest cost holding vehicle.
Pros:
Initial investment through plan, no optional purchase fees, no dividend reinvestment fee
Cons:
$250 initial investment minimum