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State Street Corporation (STT) DRIP

DRIP Plan Highlights

Enrollment

 

 

Initial Purchase

 

$250

 

 

 

 

Purchases

 

 

Minimum purchase

 

$25.00

Maximum purchase

 

$10,000.00

 

 

 

 

Fees

 

 

 

Account Setup Fee

 

None

Automatic Invesment Fee

 

$2.50

Optional Cash Purchase

 

$2.50

Reinvestment Fee

 

2% up to $2.50

Sale Fee

 

 

$15.00

 

 

 

 

Company Web Site

 

http://www.statestreet.com

Additional Plan Information

Agent Site

State Street Corp DRIP Details:

The State Street Dividend Reinvestment and Direct Stock Investment Plan offers a middle of the road holding vehicle for your State Street investment with no account setup fees, optional stock investment fees, dividend reinvestment fees, and higher than average sales fees. For most long term investors a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your STT investment.

Pros:
Below average investment fees

Cons:
Stock sales fee ($15)
Dividend Reinvestment Fees