Peabody Energy (BTU) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$500 |
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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
Invesment Fee |
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None |
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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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Peabody Energy DRIP Details:
The Peabody Energy Direct Stock Investment Plan offers an unattractive holding vehicle for your Peabody Coal investment with account setup fees and optional stock investment fees. For most long term investors a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your BTU investment.
Pros:
No dividend reinvestment fees
No automatic investment fee
Cons:
Higher than average optional investment fee
Account setup fee
Above average stock sale fee