Hormel Foods (HRL) DRIP
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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 |
1 Share |
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Purchases |
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Minimum
purchase |
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$25 |
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Maximum
purchase |
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$20,000 |
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Fees |
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Account
Setup Fee |
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None |
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Automatic
Investment Fee |
None |
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Optional
Cash Purchase |
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None |
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Reinvestment
Fee |
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None |
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Withdraw
Certificates from plan |
$15.00 |
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Company
Web Site |
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Additional
Plan Information |
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Hormel Foods Corporation DRIP Details:
Hormel Foods Corporation is a multinational food and meat product producer based in Minnesota. The Hormel Foods Dividend Reinvestment Plan offers a poor holding vehicle for your Hormel Foods investment unless you already own shares. For investors who don't already own Hormel Foods shares, a low cost brokerage such as Sharebuilder would most likely be your lowest cost holding vehicle for your HRL investment.
Pros:
No account setup fees
No dividend reinvestment fees
No investment fees
Cons:
Requires 1 share to enroll