Flowers Foods (FLO) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$500 |
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Purchases |
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Minimum
purchase |
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$50.00 |
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Maximum purchase |
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$250,000.00 |
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Fees |
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Account
Setup Fee |
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$10.00 |
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Automatic
Investment Fee |
$2.50 |
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Optional
Cash Purchase |
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$5.00 |
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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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Flowers Foods DRIP Details:
Flowers Foods is the maker of Natures Own, Sunbeam, Tastycakes, and other bakery products. The Flowers Foods Direct Stock Investment offers a subpar holding vehicle for your Flowers Foods investment with its $10 account setup fee, $5 stock investment fee, but it does feature no dividend reinvestment fees. For most investors a low cost brokerage such as Sharebuilder would be the lowest cost holding vehicle for your FLO investment.
Pros:
No dividend investment fees
Cons:
Above average optional investment fees
Account setup fee
Above average stock sale fee