General American Investors Company (GAM) DRIP
|
DRIP Plan Highlights |
|||
|
Enrollment |
|
|
|
|
Initial Purchase |
|
$500 |
|
|
|
|
|
|
|
Purchases |
|
|
|
|
Minimum
purchase |
|
$100 |
|
|
Maximum purchase |
|
$10,000.00 |
|
|
|
|
|
|
|
Fees |
|
|
|
|
Account
Setup Fee |
|
None |
|
|
Automatic
Invesment Fee |
|
$2.50 |
|
|
Optional
Cash Purchase |
|
$2.50 |
|
|
Reinvestment
Fee |
|
None |
|
|
|
|
|
$15.00 |
|
|
|
|
|
|
Company
Web Site |
|
||
|
Additional
Plan Information |
|||
General American Investors Company DRIP Details: The General American Investors Direct Stock Investment Plan offers a mediocre holding vehicle for your General American investment with no account setup fees, no dividend reinvestment fees, but does charge optional stock investment fees. For many long term investors the General American DRIP will be the lowest cost holding vehicle for your GAM investment.
Pros:
No account setup fee
Lower than average optional investment fees
No dividend reinvestment fees
Cons:
Above average stock sale fee