Petroleum & Resources Corporation (PEO) 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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$25,000.00 |
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Fees |
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Account
Setup Fee |
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None |
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Automatic
Invesment Fee |
$2.50 |
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Optional
Cash Purchase |
$2.50 |
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Reinvestment
Fee |
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2% up to $2.50 |
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$10.00 |
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Company Web
Site |
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Additional
Plan Information |
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Petroleum & Resources Corp DRIP Details:
The Petroleum & Resources Direct Stock Investment Plan offers a mediocre holding vehicle for your Petroleum & Resources investment with no account setup fees, but does charge optional stock investment and dividend reinvestment fees. For most long term investors a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your PEO investment.
Pros:
No account setup fee
Lower than average optional investment fees
Cons:
Dividend reinvestment fees