Hewlett Packard (HPQ) DRIP
DRIP Plan Highlights |
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Enrollment |
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Please note: This DRIP does not allow initial
investments by non-shareholders. Only existing shareholders may enroll in
this DRIP. |
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Minimum
shares required to enroll |
10 Shares |
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Purchases |
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Minimum
purchase |
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$50 |
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Maximum
purchase |
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$10,000 |
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Fees |
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Account
Setup Fee |
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$0 |
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Automatic
investment Fee |
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$1.25 |
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Optional
Cash Purchase |
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$2.50 |
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Reinvestment
Fee |
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5% upto
$2.50 |
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$10 |
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Company
Web Site |
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Additional
Plan Information |
Hewlett-Packard DRIP Details:
The HP Dividend Reinvestment Plan offers a less than attractive holding vehicle for your Hewlett Packard investment with its 10 shares to enroll requirement. If you don't already own HP stock, then a low cost investment vehicle such as Sharebuilder would be your lowest cost holding vehicle for your HPQ investment.
Pros:
no account setup fee
Cons:
requires 10 shares to enroll, dividend reinvestment fees