Safeway (SWY) DRIP

DRIP Plan Highlights

Enrollment

 

 

Initial Purchase

 

$2,500

 

 

 

 

Purchases

 

 

Minimum
purchase

 

$50

Maximum
purchase

 

$250,000

 

 

 

 

Fees

 

 

 

Account
Setup Fee

 

$10

Automatic
Investment Fee

 

$2.50

Optional
Cash Purchase

 

$5

Reinvestment
Fee

 

5% upto
$3

Sale Fee

 

 

$15

 

 

 

 

Company
Web Site

 

http://www.safeway.com/

Additional
Plan Information

Agent Site

Safeway DRIP Details:
The Safeway Dividend Reinvestment Plan offers a below average holding vehicle for your Safeway investment with account setup fees, cash investment fees, and dividend reinvestment fees. For nearly all investors a low cost brokerage such as Sharebuilder would be the lowest cost holding vehicle for your SWY investment.
Pros:
None Identified
Cons:
Account setup fees, $5 investment fee, Dividend reinvestment fees, High initial purchase amount