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ArcelorMittal (MT) DRIP

DRIP Plan Highlights

Enrollment

 

 

Initial Purchase

 

$250

 

 

 

 

Purchases

 

 

Minimum purchase

 

$50.00

Maximum purchase

 

$100,000.00

 

 

 

 

Fees

 

 

 

Account Setup Fee

 

$10.00

Automatic Investment Fee

$5.00

Optional Cash Investment

$5.00

Reinvestment Fee

 

None

Sale Fee

 

 

$10.00

 

 

 

 

Company Web Site

 

http://www.arcelormittal.com

Additional Plan Information

Agent Site




ArcelorMittal DRIP Details:

ArcelorMittal is an integrated steel and mining company based out of Luxembourg with ADR shares. The Arcelor Mittal Direct Stock Investment offers a subpar holding vehicle for your ArcelorMittal investment with its $10 account setup fee and investments fees, but does feature no dividend reinvestment fees. For most investors a low cost brokerage such as Sharebuilder would be your lowest cost holding vehicle for your MT investment.

Pros:
No dividend investment fees

Cons:
Account setup fee
Above average investment fees