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Philip Morris International (PM) DRIP

DRIP Plan Highlights

Enrollment

 

 

Initial Purchase

 

$500

 

 

 

 

Purchases

 

 

Minimum purchase

 

$50.00

Maximum purchase

 

$250,000.00

 

 

 

 

Fees

 

 

 

Account Setup Fee

 

$10.00

Automatic Investment Fee

$2.50

Optional Cash Investment

$5.00

Reinvestment Fee

 

5% upto $3

Sale Fee

 

 

$15.00

 

 

 

 

Company Web Site

 

http://www.pmi.com

Additional Plan Information

Agent Site



Philip Morris International DRIP Details:
Philip Morris International is an international tobacco company including the Marlboro, and L&M brands. The Philip Morris Direct Stock Investment Plan offers a poor holding vehicle for your Philip Morris investment with an account setup fee, investment fees, and dividend reinvestment fees. For most long term investors a low cost brokerage such as Sharebuilder could be your lowest cost holding vehicle for your PM investment.

Pros:
Below average automatic investment fee

Cons:
Account setup fee
Dividend reinvestment fees
Above average one-time investment fees
Above average sales fee