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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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$250 |
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Maximum purchase |
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$10,000.00 |
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Fees |
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Account |
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None |
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Automatic |
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$2.50 |
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Optional |
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$2.50 |
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Reinvestment |
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2% up to $2.50 |
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$15.00 |
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Company Web |
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Additional |
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NorthStar Realty Finance DRIP Details:
The North Star Realty Finance Direct Stock Investment Plan offers an average holding vehicle for your NorthStar REIT investment with no account setup fees, but does charge optional stock investment and dividend reinvestment fees. For most long term investors a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your NRF investment.
Pros:
No account setup fee
Lower than average optional stock investment fees
Low minimum initial investment ($250)
Cons:
Dividend reinvestment fees
Above average stock sale fee