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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$500 |
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Purchases |
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Minimum |
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$100.00 |
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Maximum |
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$150,000.00 |
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Fees |
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Account |
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None |
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Automatic |
$2.00 |
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Optional |
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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Snap-on Incorporated DRIP Details:
Snap-on Incorporated is a developer and marketer of hand and power tools, shop equipment, and other accessories. The Snap-on Direct Stock Investment Plan offers an attractive holding vehicle for your Snap on investment with no account setup fee, no one-time investment fee, and no dividend reinvestment fees. For many investors the Snap-On DRIP would be the lowest cost holding vehicle for your SNA investment.
Pros:
No dividend reinvestment fees
No account setup fee
No one-time investment fees
Below average automatic investment fees
Cons:
Above average sales fee