Cliffs Natural Resources Inc (CLF) 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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$20 |
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Maximum
purchase |
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$30,000 |
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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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$1.00 |
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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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$15 |
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Company
Web Site |
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Additional
Plan Information |
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Cliff Natural Resources Inc DRIP Details: Cliffs Natural Resources Inc is a natural resource and mining company. The Cliffs Natural Resources Dividend Reinvestment Plan offers a poor holding vehicle for your Cliffs investment unless you already have shares as it requires shares to enroll in the plan. For investors without existing Cliffs shares a low cost brokerage such as Sharebuilder would be the lowest cost holding vehicle for your CLF investment.
Pros:
No dividend reinvestment fees
Below average investment fees
Cons:
Requires 1 share to enroll