Forest City Enterprises (FCE.A) 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 |
|
$5,000 |
|
|
|
|
|
|
|
Fees |
|
|
|
|
Account
Setup Fee |
|
None |
|
|
Automatic
Investment Fee |
None |
||
|
Optional
Cash Purchase |
|
None |
|
|
Reinvestment
Fee |
|
None |
|
|
|
|
|
$15.00 |
|
|
|
|
|
|
Company
Web Site |
|
||
|
Additional
Plan Information |
|||
Forest City Enterprises, Inc DRIP Details:
The Forest City Dividned ReInvestment Plan offers a less than ideal holding vehicle for your Forest City REOC investment with its requirement that you own at least 1 share before you enroll, however it does offer a 3% discount on all shares purchased. For most individual investors a low cost brokerage such as Share builder may be the lowest cost holding vehicle for your Forest City investment given the expense of acquiring a share in your name. If you plan to be a long term shareholder the ongoing discount on shares purchased through the plan may offset the initial costs to become a stockholder.
Pros:
No account setup fee
No optional investment fees
No dividend reinvestment fees
3% discount on shares purchased via optional investments and reinvested dividends
Cons:
Above average stock sale fee