Illinois Tool Works Inc (ITW) DRIP
|
DRIP Plan Highlights |
|||
|
Enrollment |
|
|
|
|
Please note: This DRIP does not allow initial
investments by non-shareholders. Only existing shareholders may enroll in
this DRIP. |
|||
|
Minimum
shares required to enroll |
1 Share |
||
|
|
|
|
|
|
Purchases |
|
|
|
|
Minimum
purchase |
|
$100 |
|
|
Maximum
purchase |
|
$10,000 |
|
|
|
|
|
|
|
Fees |
|
|
|
|
Account
Setup Fee |
|
None |
|
|
Automatic
investment Fee |
|
$1.50 |
|
|
Optional
Cash Purchase |
|
None |
|
|
Reinvestment
Fee |
|
None |
|
|
|
|
|
$0.07/share |
|
|
|
|
|
|
Company
Web Site |
|
||
|
Additional
Plan Information |
|||
Illinois Tool Works Inc DRIP Details: Illinois Tool Works Inc makes fasteners, components, specialty equipment and consumable systems. The Illinois Tool Works Dividend Reinvestment Plan offers a poor holding vehicle for your ITW investment unless you already own shares. For investors without an existing investment in ITW, a low cost brokerage such as Sharebuilder would be your lowest cost holding vehicle for your ITW investment.
Pros:
Below average investment fees
Cons:
Requires 1 share to enroll