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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$2,000 |
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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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$5,000.00 |
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Fees |
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Account |
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None |
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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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Mack-Cali Realty Corporation DRIP Details:
Mack-Cali Realty is a real estate investment trust (REIT) that develops and manages office space in the mid-Atlantic and Northeast. The Mack Cali Direct Stock Investment Plan offers an attractive holding vehicle for your MackCali investment with no account setup fees, no investment fees, and no dividend reinvestment fees. For most investors the Mack-Cali Realty DRIP would be your lowest cost holding vehicle for your CLI investment.
Pros:
No account setup fee
No dividend investment fees
No investment fees
Cons:
High minimum investment
Above average sales fee