The JM Smucker Company (SJM) DRIP

DRIP Plan Highlights

Enrollment

 

 

Initial Purchase

 

$250

 

 

 

 

Purchases

 

 

Minimum
purchase

 

$25

Maximum
purchase

 

$50,000

 

 

 

 

Fees

 

 

 

Account
Setup Fee

 

$10

Automatic
investment Fee

 

$1.50

Optional
Cash Purchase

 

$5

Reinvestment
Fee

 

None

Sale Fee

 

 

$10

 

 

 

 

Company
Web Site

 

http://www.smuckers.com/

Additional
Plan Information

Agent Site

The JM Smucker DRIP Details:
The Smucker’s Dividend Reinvestment Plan offers a below average holding vehicle for your JMSmucker investment with a $10 account setup fee and $5 cash investment fee. For most investors a low cost brokerage such as Sharebuilder would be the lowest cost holding vehicle for your SJM investment.
Pros:
No dividend reinvestment fee, Below average sales fee
Cons:
$10 Account setup fees, $5 investment fee