Koninklijke Philips Electronics (PHG) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$250 |
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Purchases |
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Minimum
purchase |
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$50 |
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Maximum
purchase |
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$100,000 |
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Fees |
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Account
Setup Fee |
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$15 |
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Automatic
investment Fee |
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$5 |
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Optional
Cash Purchase |
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$5 |
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Reinvestment
Fee |
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$0 |
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$10 |
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N/A |
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Company
Web Site |
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Additional
Plan Information |
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PHG DRIP Details:
The Philips Dividend Reinvestment Plan is a less than attractive plan. With its excessive purchase fees, it is unlikely that this plan will have lower total holding costs compared to low cost brokerages such as Sharebuilder.
Pros:
Initial investment, no reinvestment fees
Cons:
$15 account setup fee, $5 optional investment fees