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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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$25.00 |
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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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None |
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Optional |
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None |
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Reinvestment |
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None |
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Sale Fee |
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$15.00 |
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Company |
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Additional |
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PMI DRIP Details:
The PMI Direct Stock Investment Plan offers an attractive holding vehicle for your PMI Mortgage Insurance Company investment with no account setup fees, no optional stock investment fees and no dividend reinvestment fees. For most long term investors the PMI DRIP will be the lowest cost holding vehicle for your PMI investment.
Pros:
No account setup fee
No optional investment fees
Low minimum initial investment ($250)
No dividend reinvestment fees
Cons:
Above average stock sale fee