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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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$50 |
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Maximum |
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$100,000 |
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Fees |
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Account |
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$10.00 |
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Automatic |
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$2.50 |
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Optional |
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$2.50 |
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Reinvestment |
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None |
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Sale Fee |
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$15.00 |
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Company |
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Additional |
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Waste Management DRIP Details:
The Waste Management Inc Direct Stock Purchase and Dividend Reinvestment Plan offers an average holding vehicle for your Waste Management investment with enrollment fees, lower than average purchase fees, and above average sales fees. For most long term investors the Waste Management DRIP would be your lowest cost holding vehicle for your WM investment.
Pros:
No dividend reinvestment fees
Below average investment fees ($2.50)
Cons:
Account Setup Fee ($10)
Above average investment sale fee ($15+)