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Bristol-Myers Squibb Company (BMY) DRIP

DRIP Plan Highlights

Enrollment

 

 

Initial Purchase

 

$250

 

 

 

 

Purchases

 

 

Minimum purchase

 

$25

Maximum purchase

 

$10,000

 

 

 

 

Fees

 

 

 

Account Setup Fee

 

$15.00

Automatic Invesment Fee

 

$2.00

Optional Cash Purchase

 

$3.50

Reinvestment Fee

 

None*

Sale Fee

 

 

$15.00

 

 

 

 

Company Web Site

 

http://www.bms.com

Additional Plan Information

Agent Site



Bristol Myers Squibb Company DRIP Details:
Bristol-Myers Squibb Company is a biopharmaceutical company based in New York. The Bristol Myers Squibb Direct Stock Investment Plan offers a mediocre holding vehicle for your Bristol-Myers Squibb investment with account setup fees, and investment fees, but offers no dividend reinvestment fee for accounts with less than 100 shares. For small investors who will make regular small investments the Bristol Myers Squibb will likely be your lowest cost holding vehicle. For larger investments (over 100 shares) a low cost brokerage such as Sharebuilder would likely be your lowest cost holding vehicle for your BMY investment.

Pros:
No dividend reinvestment fee for accounts with < 100 shares
Below average investment fees

Cons:
Dividend reinvestment fee 5% up to $3 for account with > 100 shares
Account setup fee
Above average sales fee