Genworth Financial (GNW) DRIP
DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$200 |
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Purchases |
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Minimum
purchase |
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$50.00 |
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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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$10.00 |
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Automatic
Investment Fee |
$2.00 |
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Optional
Cash Investment |
$4.00 |
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Reinvestment
Fee |
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10% upto
$2 |
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$15.00 |
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Company
Web Site |
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Additional
Plan Information |
Genworth Financial DRIP Details: Genworth Financial is a global financial security company whose offerings include mortgage, life, and long term care insurance. The Genworth Financial Direct Stock Investment Plan offers a mediocre holding vehicle for your Genworth investment with investment fees, account setup fees, and dividend reinvestment fees. Depending on your investment style, the Genworth DRIP or a low cost brokerage such as Sharebuilder could be your lowest cost holding vehicle for your GNW investment.
Pros:
Below average investment fees
Cons:
Account setup fee
Dividend reinvestment fees
Above average sales fee