Franklin Street Properties Corporation (FSP) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$250 |
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Purchases |
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Minimum
purchase |
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$25 |
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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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None |
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Automatic
Invesment Fee |
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$2.50 |
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Optional
Cash Purchase |
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$2.50 |
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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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Franklin Street Properties DRIP Details: The Franklin Street Direct Stock Investment Plan offers a mediocre holding vehicle for your Franklin Street Realty Investment with no account setup fees, and no dividend reinvestment fees, but does charge optional stock investment fees. For many long term investors the Franklin Street DRIP will be the lowest cost holding vehicle for your FSP investment.
Pros:
No account setup fee
Lower than average optional investment fees
Low minimum initial investment ($250)
No dividend reinvestment fees
Cons:
Above average stock sale fee