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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

Sale Fee

 

 

$15.00

 

 

 

 

Company Web Site

 

http://www.mcdermott.com/

Additional Plan Information

Agent Site




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