|
DRIP Plan Highlights |
|||
|
Enrollment |
|
|
|
|
Initial Purchase |
|
$500 |
|
|
|
|
|
|
|
Purchases |
|
|
|
|
Minimum |
|
$50 |
|
|
Maximum |
|
$120,000 |
|
|
|
|
|
|
|
Fees |
|
|
|
|
Account |
|
$10 |
|
|
Automatic |
|
$2.50 |
|
|
Optional |
|
$5 |
|
|
Reinvestment |
|
5% up to $3 |
|
|
Sale Fee |
|
|
$15 |
|
|
|
|
|
|
Company |
|
||
|
Additional |
|||
PFE DRIP Details:
Please note the Pfizer Dividend Reinvestment Plan changed 11/2012 and now offers a mediocre holding vehicle for your Pfizer investment. A low cost brokerage such as Sharebuilder would likely be your overall lowest cost holding vehicle for your PFE investment
Pros:
Initial investment through plan
Cons:
$500 initial investment minimum, $15 sales fee
Dividend reinvestment fee
$5 investment fee ($5)