Gorman-Rupp Company (GRC) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$500 |
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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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$5,000.00 |
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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 |
None |
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Optional
Cash Investment |
None |
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Reinvestment
Fee |
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None |
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$10.00 |
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Company
Web Site |
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Additional
Plan Information |
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Gorman-Rupp Company DRIP Details: The Gorman-Rupp Company develops and sell pump equipment for use in industrial, fire protection, construction, waste-water agriculture and other applications. The Gorman-Rupp Company Direct Stock Investment Plan offers a potentially attractive holding vehicle for your GormanRupp investment As it does feature no investment fees, no dividend fees, but does have a $10 account setup fee. For long term DRIP investors the Gorman Rupp DRIP would be the lowest cost holding vehicle for your GRC investment.
Pros:
No investment fees
No dividend reinvestment fees
Cons:
Account setup fee