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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

Sale Fee

 

 

$0.07/share

 

 

 

 

Company Web Site

 

http://www.itw.com

Additional Plan Information

Agent Site



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