AT&T (T) DRIP
DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$500 |
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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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$120,000 |
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Fees |
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Account
Setup Fee |
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$10 |
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Automatic
investment Fee |
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$1 |
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Optional
Cash Purchase |
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$2.50 |
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Reinvestment
Fee |
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5% up to $2 |
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Sale Fee |
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$10 |
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Company
Web Site |
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Additional
Plan Information |
AT&T DRIP Details:
The AT&T Dividend Reinvestment Plan offers a mediocre holding vehicle for your AT&T investment with it $10 account setup fee and dividend reinvestment fees. For most investors a low cost brokerage such as Sharebuilder will likely be the lowest cost holding vehicle for your AT&T investment.
Pros:
less than average $2.50 fee for optional investments
Cons:
$10 account setup fee, dividend re-investment fee, optional cash purchase fee.