Pfizer (PFE) 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 |
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Maximum
purchase |
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$120,000 |
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Fees |
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Account
Setup Fee |
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$10 |
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Automatic
investment Fee |
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$2.50 |
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Optional
Cash Purchase |
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$5 |
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Reinvestment
Fee |
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5% up to $3 |
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Sale Fee |
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$15 |
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Company
Web Site |
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Additional
Plan Information |
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PFE DRIP Details:
Please note the Pfizer Dividend Reinvestment Plan changed 11/2012 and now offers a mediocre holding vehicle for your Pfizer investment. A low cost brokerage such as Sharebuilder would likely be your overall lowest cost holding vehicle for your PFE investment
Pros:
Initial investment through plan
Cons:
$500 initial investment minimum, $15 sales fee
Dividend reinvestment fee
$5 investment fee ($5)