Medtronic (MDT) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$250 |
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Purchases |
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Minimum
purchase |
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$25.00 |
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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 |
$2.00 |
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Optional
Cash Purchase |
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$3.00 |
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Reinvestment
Fee |
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5% up to $5 |
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$10.00 |
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Company Web
Site |
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Additional
Plan Information |
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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