Arch Coal (ACI) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$250 |
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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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$10,000 |
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Fees |
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Account
Setup Fee |
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None |
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Automatic
Invesment Fee |
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$2.50 |
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Optional
Cash Purchase |
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$2.50 |
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Reinvestment
Fee |
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2% up to $2.50 |
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$15.00 |
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Company
Web Site |
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Additional
Plan Information |
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Arch Coal DRIP Details:
The Arch Coal Direct Stock Investment Plan offers a mediocre holding vehicle for your ACI investment with no account setup fees, but does charge optional stock investment and dividend reinvestment fees. For most long term investors a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your ACI investment.
Pros:
No account setup fee
Lower than average optional investment fees
Cons:
Dividend reinvestment fees
Above average stock sale fee