Acuity Brands, Inc (AYI) DRIP
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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
purchase |
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$25.00 |
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Maximum
purchase |
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$10,000.00 |
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Fees |
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Account
Setup Fee |
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$15.00 |
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Automatic
investment Fee |
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Company Paid |
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Optional
Cash Purchase |
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Company Paid |
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Reinvestment
Fee |
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Company Paid |
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$10.00 |
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Company
Web Site |
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Additional
Plan Information |
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Acuity Brands Inc DRIP Details:
The Acuity Brands Direct Stock Investment Plan offers a potentially attractive holding vehicle for your Acuity investment with no optional stock investment fees, no dividend reinvestment fees, but has an above average account setup fee. For most long term investors the Acuity Brands DRIP will be the lowest cost holding vehicle for your AYI investment.
Pros:
No optional investment fees
No dividend reinvestment fees
Cons:
Account setup fee ($15)