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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 |
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$25,000.00 |
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Fees |
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Account |
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$15.00 |
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Automatic |
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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$15.00 |
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Company |
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Additional |
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PPL Corporation DRIP Details:
The PPL Dividend ReInvestment Plan offers a mediocre holding vehicle for your PPL utility investment with its $15 account setup fee, but it does feature no dividend reinvestment fees or optional investment fees. Depending on your investment style either a low cost brokerage such as Sharebuilder or for long term regular investments the PPL DRIP could be the lowest cost holding vehicle for your PPL investment.
Pros:
No optional investment fees
No dividend investment fees
Cons:
Account setup fee
Above average stock sale fee