Psychemedics Corporation (PMD) DRIP

DRIP Plan Highlights
Enrollment
Please note: This DRIP does not allow initial investments by non-shareholders. Only existing shareholders may enroll in this DRIP.
Minimum shares required to enroll			1 Share
Purchases
Minimum purchase			$10
Maximum purchase			$3,000
Fees
Account Setup Fee			None
Automatic investment Fee			None
Optional Cash Purchase			$5.00
Reinvestment Fee			None
Sale Fee			$15.00
Company Web Site			http://www.psychemedics.com
Additional Plan Information			Agent Site

Psychemedics Corporation DRIP Details:
Psychemedics Corporation provides drug testing services through a proprietary hair analysis technology. The Psychemedics Dividend Reinvestment Plan offers a poor holding vehicle for your Psychemedics investment unless you already own shares. For investors without an existing investment in Psychemedics, a low cost brokerage such as Sharebuilder would be your lowest cost holding vehicle for your PMD investment.
Pros:
No account setup fee
No dividend reinvestment fees
Cons:
Requires 1 share to enroll