Morningstar Inc (MORN) 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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$50.00 |
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Maximum
purchase |
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$250,000.00 |
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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 |
$2.50 |
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Optional
Cash Purchase |
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$5.00 |
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Reinvestment
Fee |
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None |
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$15.00 |
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Company
Web Site |
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Additional
Plan Information |
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Morningstar Inc DRIP Details:
The Morningstar Direct Stock Purchase Plan offers a mediocre holding vehicle for your Morningstar investment with its account setup fee, investment fees, but doesn't not have dividend reinvestment fees. For many investors a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your MORN investment.
Pros:
No dividend reinvestment fees
Cons:
Account setup fees
Investment fees
Higher than average sales fee