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Merck (MRK) DRIP

DRIP Plan Highlights

Enrollment

 

 

Initial Purchase

 

$350

 

 

 

 

Purchases

 

 

Minimum purchase

 

$50

Maximum purchase

 

$50,000

 

 

 

 

Fees

 

 

 

Account Setup Fee

 

$10

Automatic investment Fee

 

$2

Optional Cash Purchase

 

$5

Reinvestment Fee

 

4% upto $2

Sale Fee

 

 

$5

 

 

 

 

Company Web Site

 

http://www.merck.com/

Additional Plan Information

Agent Site


Merck DRIP Details:
The Merck Dividend Reinvestment Plan offers a poor holding vehicle for your Merck investment with its $5 investment fee, dividend reinvestment fees, and $10 account setup fee. For most individuals we would recommend Sharebuilder or another low cost investment vehicle for long term investors for your MRK investment given its dividend reinvestment and optional investment fees.

Pros:
$5 sale fee

Cons:
$10 account setup fee, 4% dividend reinvestment fee up to $2, $5 cash purchase fee