Lowes (LOW) 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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$25 |
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Maximum
purchase |
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$250,000 |
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Fees |
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Account
Setup Fee |
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$5 |
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Automatic
investment Fee |
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5% up to $2.50 |
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Optional
Cash Purchase |
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5% up to $2.50 |
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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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LOW DRIP Details:
The Lowes Dividend Reinvestment Plan is a middle of the road DRIP offering initial investment through plan, optional investments for $2.50 or less and free dividend reinvestment. It will most likely be the lowest cost holding vehicle for your LOW investment, but you should also consider low cost brokerages such as Sharebuilder depending on your investment style.
Pros:
Initial investment of $250 or more through plan, optional investments for $2.50 or less
Cons:
$5 account setup fee