State Street Corporation (STT) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$250 |
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Purchases |
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Minimum
purchase |
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$25.00 |
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Maximum
purchase |
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$10,000.00 |
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Fees |
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Account
Setup Fee |
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None |
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Automatic
Invesment Fee |
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$2.50 |
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Optional
Cash Purchase |
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$2.50 |
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Reinvestment
Fee |
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2% up to $2.50 |
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$15.00 |
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Company
Web Site |
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Additional
Plan Information |
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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