Costco Wholesale Corporation (COST) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$250 |
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Purchases |
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Minimum
purchase |
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$25 |
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Maximum
purchase |
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$10,000 |
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Fees |
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Account
Setup Fee |
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$15 |
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Automatic
Invesment Fee |
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$2 |
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Optional
Cash Purchase |
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$5 |
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Reinvestment
Fee |
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5% upto
$3 |
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$15 |
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Company
Web Site |
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Additional
Plan Information |
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CostCo DRIP Details:
The Costco Dividend Reinvestment Plan is not a very attractive choice to hold your CostCo investment with its account setup fees and dividend reinvestment fees. Most investors would find that a low cost brokerage such as Sharebuilder will offer the the lowest cost holding vehicle for their COST investment.
Pros:
Initial Investment available through plan
$2 automatic investment fee
Cons:
Account setup fee
Dividend reinvestment fee
$5 optional cash purchase fee