McDermott International (MDR) DRIP
|
DRIP Plan Highlights |
|||
|
Enrollment |
|
|
|
|
Initial Purchase |
|
$500 |
|
|
|
|
|
|
|
Purchases |
|
|
|
|
Minimum
purchase |
|
$50.00 |
|
|
Maximum purchase |
|
$250,000.00 |
|
|
|
|
|
|
|
Fees |
|
|
|
|
Account
Setup Fee |
|
$5.00 |
|
|
Automatic
Investment Fee |
$2.00 |
||
|
Optional
Cash Investment |
$5.00 |
||
|
Reinvestment
Fee |
|
5% upto $3 |
|
|
|
|
|
$15.00 |
|
|
|
|
|
|
Company Web
Site |
|
||
|
Additional
Plan Information |
|||
McDermott International Inc DRIP Details:
McDermott International Inc is an engineering, procurement, construction, and installation (EPCI) firm specializing in offshore oil and gas projects. The McDermott International Direct Stock Investment Plan offers a subpar holding vehicle for your McDermott investment with investment fees, dividend reinvestment fees, and an account setup fee. For most long term DRIP investors a low cost brokerage such as Sharebuilder could be your lowest cost holding vehicle for your MDR investment.
Pros:
Below average automatic investment fee
Cons:
Account setup fee
Dividend reinvestment fees
Above average one-time investment fees
Above average sales fee