Caterpillar (CAT) 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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$15 |
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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% upto $3 |
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Sale Fee |
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$15 |
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Company
Web Site |
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Additional
Plan Information |
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Caterpillar DRIP Details:
The Caterpillar Dividend Reinvestment Plan offers a middle of the road vehicle for your Catepillar investment. For most investors with a long term hold strategy including reinvesting dividends we would recommend a low cost brokerage such as Sharebuilder for your lowest cost holding vehicle. If you will not be reinvesting dividends than the CAT DRIP plan may be your lowest cost account with its $2.50 investment fee.
Pros:
$2.50 investment fee
Cons:
$15 enrollment fee, dividend reinvestment fees