General Mills (GIS) 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 |
None |
||
|
Optional
Cash Purchase |
|
None |
|
|
Reinvestment
Fee |
|
None |
|
|
|
|
|
$15.00 |
|
|
|
|
|
|
Company
Web Site |
|
||
|
Additional
Plan Information |
|||
General Mills Inc DRIP Details:
The General Mills Direct Stock Investment Plan offers a potentially attractive holding vehicle for long term, DRIP investing with no optional stock investment fees or dividend reinvestment fees, but does have a $10 enrollment fee.. For most long term investors who plan to make several or periodic investments the General Mills DRIP may be the lowest cost holding vehicle for your GIS investment.
Pros:
No optional investment fees
No dividend reinvestment fees
Cons:
Account setup fee
Above average stock sale fee