Marathon Petroleum Corporation (MPC) 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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$15.00 |
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Company
Web Site |
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Additional
Plan Information |
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Marathon Petroleum Corporation DRIP Details:
Marathon Petroleum Corporation is an energy company engaged in fuel refining and retail distribution. The Marathon Petroleum Corp 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 could offset by the benefit of no investment fee. For many DRIP investors the MarathonPetroleum DRIP could be your lowest cost holding vehicle for your MPC investment.
Pros:
No dividend reinvestment fees
No investment fees
Cons:
Account setup fee
Above average sales fee