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Alcoa (AA) DRIP

DRIP Plan Highlights

Enrollment

 

 

 

Please note: This DRIP does not allow initial investments by non-shareholders. Only existing shareholders may enroll in this DRIP.

Minimum shares required to enroll

 

1 Share

 

 

 

 

Purchases

 

 

 

Minimum purchase

 

 

$25

Maximum purchase

 

 

$5,000

 

 

 

 

Fees

 

 

 

Account Setup Fee

 

 

$0

Automatic investment Fee

 

 

$1

Optional Cash Purchase

 

 

$0

Reinvestment Fee

 

 

$0

Sale Fee

 

 

$10

 

 

 

 

Company Web Site

 

 

http://www.alcoa.com

Additional Plan Information

 

 

Agent Site

AA DRIP Details:
The Alcoa Dividend Reinvestment Plan offers a less than attractive holding vehicle for your Alcoa investment due to its requirement that you already own 1 share to join. If you don't already own 1 share in certificate form you will likely need to pay brokerages commisions to buy the share and a fee to issue the certificate. You should consider low cost brokerages such as Sharebuilder for your lowest cost holding vehicle.

Pros:
No account setup fee, no optional purchase fee, no dividend reinvestment fee

Cons:
Requires 1 share to join