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Cummins Inc (CMI) 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

 

$10

Maximum purchase

 

$24,000

 

 

 

 

Fees

 

 

 

Account Setup Fee

 

None

Automatic investment Fee

 

None

Optional Cash Purchase

 

None

Reinvestment Fee

 

None

Sale Fee

 

 

$15

 

 

 

 

Company Web Site

 

http://www.cummins.com

Additional Plan Information

Agent Site



Cummins DRIP Details:
The Cummins Dividend ReInvestment Plan offers an unattractive holding vehicle for your Cummins investment since it requires 1 share to enroll in the plan. For most investors who don't already own Cummins stock, a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your CMI investment.

Pros:
No account setup fee
No optional investment fees
No dividend reinvestment fees

Cons:
Requires 1 share to enroll
Above average stock sale fee