IDACORP, Inc (IDA) DRIP
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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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$10.00 |
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Maximum
purchase |
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$20,000.00 |
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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 Purchase |
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None |
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Reinvestment
Fee |
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None |
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$15.00 |
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Company
Web Site |
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Additional
Plan Information |
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IDACORP Inc DRIP Details:
The Idacorp Dividend ReInvestment Plan offers a mediocre holding vehicle for your Ida investment with its $10 account setup fee and above average sales fee, but features no investment fees or dividend investment fees. Idacorp operates Idaho Power Company, Idacorp Financial, and Ida-West Energy. Depending on your investment style a low cost brokerage such as Sharebuilder or for long term DRIP investors the IDA DRIP may be the lowest cost holding vehicle for your IDA investment.
Pros:
No optional investment fees
No dividend reinvestment fees
Cons:
Account setup fee
Above average stock sale fee