Merck (MRK) DRIP

DRIP Plan Highlights

Enrollment

 

 

Initial Purchase

 

$350

 

 

 

 

Purchases

 

 

Minimum
purchase

 

$50

Maximum purchase

 

$50,000

 

 

 

 

Fees

 

 

 

Account
Setup Fee

 

$10

Automatic
investment Fee

 

$2

Optional
Cash Purchase

 

$5

Reinvestment
Fee

 

4% upto $2

Sale Fee

 

 

$5

 

 

 

 

Company
Web Site

 

http://www.merck.com/

Additional
Plan Information

Agent
Site

Merck DRIP Details:
The Merck Dividend Reinvestment Plan offers a poor holding vehicle for your Merck investment with its $5 investment fee, dividend reinvestment fees, and $10 account setup fee. For most individuals we would recommend Sharebuilder or another low cost investment vehicle for long term investors for your MRK investment given its dividend reinvestment and optional investment fees.
Pros:
$5 sale fee
Cons:
$10 account setup fee, 4% dividend reinvestment fee up to $2, $5 cash purchase fee