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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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$50 |
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Maximum |
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$10,000 |
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Fees |
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Account |
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$15.00 |
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Automatic |
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$.10/share |
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Optional |
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$.10/share |
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Reinvestment |
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$.10/share |
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$.10/share |
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Company Web |
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Additional |
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WGL Holdings DRIP Details:
WGL Holdings Inc is public utility holding company for Washington Gas and Washington Gas Energy Services which service the Washington DC, Maryland and northern Virginia areas. The WGL Direct Stock Purchase and Dividend Reinvestment Plan offers a potentially attractive investment vehicle for your WGL investment with minimal investment and dividend reinvestment and stock sale fees but does charge an enrollment fee. For most small DRIP investors the WGL DRIP would be your lowest cost holding vehicle for your WGL investment.
Pros:
Minimal dividend reinvestment fees
Minimal investment fees
Minimal stock sale fee
Cons:
Account setup fee ($15)