Best Buy (BBY) DRIP
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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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$250,000 |
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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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$2.50 |
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Optional
Cash Purchase |
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$5 |
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Reinvestment
Fee |
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5% upto
$3 |
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$15 |
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Company
Web Site |
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Additional
Plan Information |
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Best Buy DRIP Details:
The Best Buy Dividend Reinvestment Plan offers a below average holding vehicle for your Best Buy investment with high initial costs, purchase fees, and dividend reinvestment fees. For most long term investors, Sharebuilder or another low cost brokerage would offer the lowest cost holding vehicle for your BBY investment.
Pros:
None Identified
Cons:
$10 Initial Cost, $5 Investment Fee, Dividend Reinvestment Fees