McCormick & Company, Inc (MKC) DRIP
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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$50,000.00 |
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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 Purchase |
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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 |
McCormick DRIP Details:
The McCormick Dividend ReInvestment Plan offers a potentially attractive holding vehicle for your McCormick investment with no investment fees or dividend reinvestment fees, but does have an account setup fee. For most long term investors the MKC DRIP will be the lowest cost holding vehicle for your MKC investment.
Pros:
No optional investment fees
No dividend reinvestment fees
Cons:
Account setup fee