Safeway (SWY) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$2,500 |
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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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$250,000 |
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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% upto
$3 |
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$15 |
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Company
Web Site |
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Additional
Plan Information |
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Safeway DRIP Details:
The Safeway Dividend Reinvestment Plan offers a below average holding vehicle for your Safeway investment with account setup fees, cash investment fees, and dividend reinvestment fees. For nearly all investors a low cost brokerage such as Sharebuilder would be the lowest cost holding vehicle for your SWY investment.
Pros:
None Identified
Cons:
Account setup fees, $5 investment fee, Dividend reinvestment fees, High initial purchase amount