Charles Schwab Corporation (SCHW) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Please note: This DRIP does not allow initial
investments by non-shareholders. Only existing shareholders may enroll in
this DRIP. |
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Minimum
shares required to enroll |
1 Share |
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Purchases |
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Minimum
purchase |
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$10 |
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Maximum
purchase |
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$5,000 |
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Fees |
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Account
Setup Fee |
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None |
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Automatic
investment Fee |
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None |
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Optional
Cash Purchase |
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None |
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Reinvestment
Fee |
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None |
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$10 |
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Company
Web Site |
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Additional
Plan Information |
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The Charles Schwab Corporation DRIP Details:
The Charles Schwab Corporation Dividend ReInvestment Plan offers an unattractive holding vehicle for your Charles Schwab investment as it requires at least 1 share of stock before you enroll. For who don't already own Schwab stock, a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your SCHW investment.
Pros:
No account setup fee
No optional investment fees
No dividend reinvestment fees
Cons:
Requires 1 share to enroll