Fortune Brands (FO) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Please note: This DRIP does not allow initial
investments by non-shareholders. Only existing shareholders may enroll in
this DRIP. |
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Minimum
shares required to enroll |
1 Share |
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Purchases |
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Minimum
purchase |
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$50 |
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Maximum
purchase |
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$15,000 |
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Fees |
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Account
Setup Fee |
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None |
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Automatic
Investment Fee |
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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Fortune Brands DRIP Details:
Fortune Brands is a consumer brands company that owns Jim Bean, Titleist, Pinnacle, Masterlock, and Moen. The Fortune Brands Stock Accumulation / Dividend Reinvestment Plan offers an unattractive holding vehicle for those who don't already own Fortune Brans stock as it requires you to own 1 share to enroll. For most investors who don't already own Fortune Brands stock a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your FO 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