Edison International (EIX) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$1,000 |
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Purchases |
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Minimum
purchase |
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$25.00 |
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Maximum
purchase |
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$20,000.00 |
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Fees |
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Account
Setup Fee |
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$15.00 |
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Automatic
investment Fee |
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None |
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Optional
Cash Purchase |
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None |
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Reinvestment
Fee |
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None |
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$15.00 |
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Company Web
Site |
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Additional
Plan Information |
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Edison International DRIP Details:
The Edison International Direct Stock Investment Plan offers a mediocre holding vehicle for your Southern California Edison investment with its $15 account setup fee, but the plan offers no optional stock investment fees and no dividend reinvestment fees. For many long term investors who expect to make several investments, the Edison DRIP will be the lowest cost holding vehicle for your EIX investment.
Pros:
No optional investment fees
No dividend reinvestment fees
Cons:
Higher than average minimum initial investment ($1000)
Account setup fee
Higher than average stock sale fee