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Medtronic (MDT) DRIP

DRIP Plan Highlights

Enrollment

 

 

Initial Purchase

 

$250

 

 

 

 

Purchases

 

 

Minimum purchase

 

$25.00

Maximum purchase

 

$50,000.00

 

 

 

 

Fees

 

 

 

Account Setup Fee

 

$10.00

Automatic Investment Fee

$2.00

Optional Cash Purchase

 

$3.00

Reinvestment Fee

 

5% up to $5

Sale Fee

 

 

$10.00

 

 

 

 

Company Web Site

 

http://www.medtronic.com/

Additional Plan Information

Agent Site




Medtronic DRIP Details:

The Medtronic Dividend ReInvestment Plan offers a mediocre holding vehicle for your Medtronic investment with its account setup fee, investment fees and dividend reinvestment fees. For most long term investors a low cost brokerage such as Sharebuilder will likely be the lowest cost holding vehicle for your MDT investment.

Pros:
Below average optional investment fees

Cons:
Account setup fee
Dividend reinvestment fees