Marathon Oil Corporation (MRO) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$500 |
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Purchases |
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Minimum
purchase |
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$50.00 |
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Maximum purchase |
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$10,000.00 |
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Fees |
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Account
Setup Fee |
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$10.00 |
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Automatic
Investment Fee |
None |
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Optional
Cash Investment |
None |
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Reinvestment
Fee |
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None |
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$10.00 |
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Company
Web Site |
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Additional
Plan Information |
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Marathon Oil Corporation DRIP Details:
Marathon Oil Corporation is an energy company engaged in oil exploration and production. The Marathon Oil Direct Stock Investment Plan offers a potentially attractive holding vehicle for your Marathon Oil investment with no investment fees, no dividend reinvestment fees, but does have an account setup fee. For long term DRIP investors, the account setup fee is more than offset by the benefit of no investment fee. For most DRIP investors the Marathon Oil DRIP would likely be your lowest cost holding vehicle for your MRO investment.
Pros:
No dividend reinvestment fees
No investment fees
Cons:
Account setup fee