Apache Corporation (APA) DRIP
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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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$50 |
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Maximum
purchase |
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$25,000 |
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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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$10 |
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Company
Web Site |
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Additional
Plan Information |
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AGL Resources Inc DRIP Details:
The AGL Resources Direct Stock Investment Plan offers a poor holding vehicle for your Apache investment unless you already own some Apache stock. The plan requires you to purchase at least 1 share of Apache stock from a broker. For most investors the a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your APA investment.
Pros:
No account setup fee
No optional investment fees
No dividend reinvestment fees
Cons:
Requires 1 share of stock to enroll