|
DRIP Plan Highlights |
|||
|
Enrollment |
|
|
|
|
Initial Purchase |
|
$250 |
|
|
|
|
|
|
|
Purchases |
|
|
|
|
Minimum |
|
$25.00 |
|
|
Maximum purchase |
|
$10,000.00 |
|
|
|
|
|
|
|
Fees |
|
|
|
|
Account |
|
None |
|
|
Automatic |
|
$2.50 |
|
|
Optional |
|
$2.50 |
|
|
Reinvestment |
|
N/A |
|
|
|
|
|
$15.00 |
|
|
|
|
|
|
Company |
|
||
|
Additional |
|||
Patriot Coal DRIP Details:
The Patriot Coal Direct Stock Investment Plan offers an average holding vehicle for your Patriot Coal investment with no account setup fees, but does charge optional stock investment fees. For many long term investors a low cost brokerage such as Sharebuilder may be the lowest cost holding vehicle for your PCX investment.
Pros:
No account setup fee
Lower than average optional investment fees
Low minimum initial investment ($250)
Cons:
Above average stock sale fee