Medtronic (MDT) DRIP

DRIP Plan Highlights
Enrollment
Initial Purchase			$250
Purchases
Minimum purchase			$25.00
Maximum purchase			$50,000.00
Fees
Account Setup Fee			$10.00
Automatic Investment Fee			$2.00
Optional Cash Purchase			$3.00
Reinvestment Fee			5% up to $5
Sale Fee			$10.00
Company Web Site			http://www.medtronic.com/
Additional Plan Information			Agent Site

Medtronic DRIP Details:
The Medtronic Dividend ReInvestment Plan offers a mediocre holding vehicle for your Medtronic investment with its account setup fee, investment fees and dividend reinvestment fees. For most long term investors a low cost brokerage such as Sharebuilder will likely be the lowest cost holding vehicle for your MDT investment.
Pros:
Below average optional investment fees
Cons:
Account setup fee
Dividend reinvestment fees