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ITC Holdings (ITC) DRIP

DRIP Plan Highlights

Enrollment

 

 

Initial Purchase

 

$250

 

 

 

 

Purchases

 

 

Minimum purchase

 

$50.00

Maximum purchase

 

$250,000.00

 

 

 

 

Fees

 

 

 

Account Setup Fee

 

None

Automatic Investment Fee

$2.50

Optional Cash Investment

$5.00

Reinvestment Fee

 

None

Sale Fee

 

 

$15.00

 

 

 

 

Company Web Site

 

http://www.itc-holdings.com/

Additional Plan Information

Agent Site




ITC Holdings Corporation DRIP Details:
ITC Holdings Corporation is a holding company is an independent power transmission company that serves the Midwest. The ITC Holding Direct Stock Investment Plan offers a mediocre holding vehicle for your ITC investment with no account setup fees, no dividend reinvestment fees, but does have investment fees. Depending on your investment style the ITC Holdings DRIP or a low cost brokerage such as Sharebuilder would be your lowest cost holding vehicle for your ITC investment.

Pros:
No dividend investment fees
Lower than average automatic investment fees
No account setup fee

Cons:
Above average one-time investment fees
Above average sales fee