Colgate-Palmolive Company (CL) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$500 |
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Purchases |
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Minimum
purchase |
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$50.00 |
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Maximum purchase |
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$10,000.00 |
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Fees |
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Account
Setup Fee |
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$10.00 |
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Automatic
Investment Fee |
$1.00 |
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Optional
Cash Investment |
$2.50 |
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Reinvestment
Fee |
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5% upto
$1.25 |
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$15.00 |
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Company Web
Site |
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Additional
Plan Information |
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Colgate-Palmolive Company DRIP Details:
The Colgate-Palmolive Company Direct Stock Investment Plan offers a mediocre holding vehicle for your Colgate Palmolive investment with an account setup fee, investment fees, and dividend reinvestment fees. Depending on your investment style a low cost brokerage such as Sharebuilder or the Colgate DRIP would be the lowest cost holding vehicle for your CL investment.
Pros:
Below average investment fees
Cons:
Account setup fee
Dividend reinvestment fees
Above average sale fees