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Corning Natural Gas Corporation (CNIG) DRIP

DRIP Plan Highlights

Enrollment

 

 

Please note: This DRIP does not allow initial investments by non-shareholders. Only existing shareholders may enroll in this DRIP.

Minimum shares required to enroll

1 Share

 

 

 

 

Purchases

 

 

Minimum purchase

 

N/A

Maximum purchase

 

N/A

 

 

 

 

Fees

 

 

 

Account Setup Fee

 

None

Automatic Investment Fee

N/A

Optional Cash Purchase

 

N/A

Reinvestment Fee

 

None

Sale Fee

 

 

$15.00

 

 

 

 

Company Web Site

 

http://www.corninggas.com

Additional Plan Information

Agent Site



Corning Natural Gas Corporation DRIP Details:
Corning Natural Gas Corporation is a natural gas distribution company that operates in New York. The Corning Natural Gas Dividend Reinvestment Plan offers a poor holding vehicle for your Corning Natural Gas investment as it requires at least 1 share to enroll. For investors who don't already own Corning Natural Gas shares, a low cost brokerage such as Sharebuilder would be the lowest cost holding vehicle for your CNIG investment.

Pros:
No account setup fees
No dividend reinvestment fees
5% discount on shares purchased with reinvested dividends

Cons:
Requires 1 share to enroll
Above average stock sale fee
Does not allow additional investments through plan