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Phillips 66 (PSX) DRIP

DRIP Plan Highlights

Enrollment

 

 

Initial Purchase

 

$250

 

 

 

 

Purchases

 

 

Minimum purchase

 

$25

Maximum purchase

 

$10,000

 

 

 

 

Fees

 

 

 

Account Setup Fee

 

$0

Automatic investment Fee

 

$0

Optional Cash Purchase

 

$0

Reinvestment Fee

 

$0

Sale Fee

 

 

$15

 

 

 

 

Company Web Site

 

http://www.phillips66.com

Additional Plan Information

Agent Site



Phillips 66 DRIP Details:
Phillips 66 is a downstream energy company that handles oil refining, natural gas processing, and olefins, polyolefins chemical production. The Phillips 66 Direct Stock Purchase and Dividend Reinvestment Plan offers an attractive holding vehicle for your Phillips66 investment with no enrollment fees, no purchase fees, and no dividend reinvestment fees. For most long term investors the Phillip66 DRIP plan would be your lowest cost holding vehicle for your PSX investment.

Pros:
No account setup fees
No dividend reinvestment fees
Low initial investment minimum ($250)
Low optional stock purchase minimum ($25)

Cons:
Above average investment sale fee