Patriot Coal (PCX) 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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$10,000.00 |
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Fees |
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Account
Setup Fee |
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None |
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Automatic
Invesment Fee |
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$2.50 |
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Optional
Cash Purchase |
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$2.50 |
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Reinvestment
Fee |
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N/A |
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$15.00 |
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Company
Web Site |
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Additional
Plan Information |
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Patriot Coal DRIP Details:
The Patriot Coal Direct Stock Investment Plan offers an average holding vehicle for your Patriot Coal investment with no account setup fees, but does charge optional stock investment fees. For many long term investors a low cost brokerage such as Sharebuilder may be the lowest cost holding vehicle for your PCX investment.
Pros:
No account setup fee
Lower than average optional investment fees
Low minimum initial investment ($250)
Cons:
Above average stock sale fee