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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 |
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Maximum |
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$50,000 |
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Fees |
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Account |
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$10 |
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Automatic |
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$1.50 |
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Optional |
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$5 |
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Reinvestment |
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None |
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$10 |
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Company |
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Additional |
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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