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ING Group (ING) DRIP

DRIP Plan Highlights

Enrollment

 

 

Initial Purchase

 

$250

 

 

 

 

Purchases

 

 

Minimum purchase

 

$50

Maximum purchase

 

$100,000

 

 

 

 

Fees

 

 

 

Account Setup Fee

 

$18

Automatic investment Fee

 

$2

Optional Cash Purchase

 

$3.50

Reinvestment Fee

 

5% upto $2.50

Sale Fee

 

 

$10

 

 

 

 

Company Web Site

 

http://www.ing.com

Additional Plan Information

Agent Site



ING Groep DRIP Details:
The ING Dividend Reinvestment Plan offers a mediocre holding vehicle for your ING ADR investment with account setup fees, optional cash purchase fees, and dividend reinvestment fees. Some investors who plan to make ongoing automatic investments may find this ADS DRIP your lowest cost holding vehicle, however, for most investors a low cost brokerage such as Sharebuilder may be the lowest cost holding vehicle for your ING investment.

Pros:
Lower than average automatic investment fee

Cons:
High account setup fee
Dividend reinvestment fees