CVS Caremark Corporation (CVS) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$100 |
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Purchases |
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Minimum
purchase |
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$100.00 |
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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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$7.50 |
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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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None |
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Sale Fee |
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$10.00 |
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Company
Web Site |
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Additional
Plan Information |
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CSXCorporation DRIP Details: The CVS Caremark Direct Stock Investment Plan offers a mediocre holding vehicle for your CVS investment with an account setup fee and investment fees, but does feature no dividend reinvestment fees. Depending on your investment style the CVS DRIP or a low cost brokerage such as Sharebuilder would be your lowest cost holding vehicle for your CVS investment.
Pros:
No dividend reinvestment fees
Below average investment fees
Cons:
Account setup fee