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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$350 |
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Purchases |
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Minimum |
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$25 |
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Maximum |
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$350,000 |
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Fees |
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Account |
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$15 |
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Automatic |
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$2 |
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Optional |
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$5 |
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Reinvestment |
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5% up to $3 |
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$15 |
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N/A |
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Company |
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Additional |
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MAR DRIP Details:
The Marriott Dividend Reinvestment Plan is a below average plan with its account setup fee and higher than average optional investment fees, and dividend reinvestment fees. Depending on your investment style you are likely to find a lower cost holding vehicle at a low cost brokerage such as Sharebuilder.
Pros:
Initial investment through plan
Cons:
Dividend reinvestment fees, optional investment fees, $15 account setup fee