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GlaxoSmithKline PLC (GSK) DRIP

DRIP Plan Highlights

Enrollment

 

 

Initial Purchase

 

$200

 

 

 

 

Purchases

 

 

Minimum purchase

 

$50.00

Maximum purchase

 

$10,000.00

 

 

 

 

Fees

 

 

 

Account Setup Fee

 

$10.00

Automatic Investment Fee

$5.00

Optional Cash Investment

$5.00

Reinvestment Fee

 

5% upto $5

Sale Fee

 

 

$10.00

 

 

 

 

Company Web Site

 

http://www.gsk.com/

Additional Plan Information

Agent Site



GlaxoSmithKline DRIP Details: GlaxoSmithKline is a pharmaceutical and healthcare company. The GlaxoSmithKline Direct Stock Investment Plan offers a subpar holding vehicle for your Glaxo investment with an account setup fee, investment fees, and dividend reinvestment fees. For many investors a low cost brokerage such as Sharebuilder could be the lowest cost holding vehicle for your GSK investment.

Pros:
None

Cons:
Account setup fee
Dividend reinvestment fees
Above average investment fees