Albemarle Corporation (ALB) DRIP
DRIP Plan Highlights |
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Enrollment |
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Please note: This DRIP does not allow initial
investments by non-shareholders. Only existing shareholders may enroll in
this DRIP. |
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Minimum
shares required to enroll |
1 Share |
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Purchases |
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Minimum
purchase |
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$25 |
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Maximum
purchase |
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$1,000 |
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Fees |
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Account
Setup Fee |
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None |
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Automatic
investment Fee |
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None |
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Optional
Cash Purchase |
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None |
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Reinvestment
Fee |
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None |
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$15 |
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Company
Web Site |
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Additional
Plan Information |
Albemarle Corp DRIP Details:
The Albemarle Dividend ReInvestment Plan offers an unattractive holding vehicle for your Albemarle Chemical Company investment since it requires purchase of initial shares outside the investment plan. For nearly all investors who don't already have Albemarle stock a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your ALB investment.
Pros:
No account setup fee
No optional investment fees
No dividend reinvestment fees
Cons:
Requires initial purchase of stock outside the plan
Above average stock sale fee