Frontier Communications Company (FTR) DRIP
DRIP Plan Highlights |
|||
Enrollment |
|
|
|
Initial Purchase |
|
$250 |
|
|
|
|
|
Purchases |
|
|
|
Minimum
purchase |
|
$50.00 |
|
Maximum purchase |
|
$250,000.00 |
|
|
|
|
|
Fees |
|
|
|
Account
Setup Fee |
|
$10.00 |
|
Automatic
Investment Fee |
$2.50 |
||
Optional
Cash Investment |
$5.00 |
||
Reinvestment
Fee |
|
5% upto $3 |
|
Sale Fee |
|
|
$15.00 |
|
|
|
|
Company Web
Site |
|
||
Additional
Plan Information |
Frontier Communications DRIP Details:
Frontier Communications is an independent telecommunications company that operates in 27 states. The Frontier Communications Direct Stock Investment offers a mediocre holding vehicle for your Frontier investment with its $10 account setup fee, dividend reinvestment fees, and investment fees. For most investors a low cost brokerage such as Sharebuilder would be your lowest cost holding vehicle for your FTR investment.
Pros:
Lower than average automatic investment fees
Cons:
Account setup fee
Dividend investment fees
Above average stock sale fee