|
DRIP Plan Highlights |
|||
|
Enrollment |
|
|
|
|
Initial Purchase |
|
$200 |
|
|
|
|
|
|
|
Purchases |
|
|
|
|
Minimum |
|
$50 |
|
|
Maximum purchase |
|
$100,000 |
|
|
|
|
|
|
|
Fees |
|
|
|
|
Account |
|
$10 |
|
|
Automatic |
|
$5 |
|
|
Optional |
|
$5 |
|
|
Reinvestment |
|
5% upto $5 |
|
|
Sale Fee |
|
|
$10 |
|
|
|
|
|
|
Company |
|
||
|
Additional |
|||
Toyota DRIP Details:
The Toyota Motor Corp Direct Stock Investment Plan offers a very poor holding vehicle for your Toyota investment with account setup fees, optional cash purchase 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 TM investment.
Pros:
None Identified
Cons:
Account setup fees, investment fees, dividend reinvestment fees