Citigroup (C) 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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N/A |
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Maximum
purchase |
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N/A |
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Fees |
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Account
Setup Fee |
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$0 |
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Automatic
investment Fee |
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N/A |
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Optional
Cash Purchase |
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N/A |
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Reinvestment
Fee |
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$0 |
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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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Citigroup DRIP Details:
The Citigroup Dividend Reinvestment Plan offers a poor holding vehicle for your Citigroup investment unless you already own shares of Citigroup. For new Citi investors we would recommend Sharebuilder or another low cost investment vehicle for your C investment given requirement to purchase at least 1 share through a brokerage before enrolling in the DRIP.
Pros:
No dividend reinvestment fee
Cons:
requires 1 share to enroll