Target (TGT) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$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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$100,000 |
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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 |
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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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$10 |
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Company
Web Site |
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Additional
Plan Information |
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Target DRIP Details:
The Target Direct Investment Program offers a below average holding vehicle for your TGT investment with a $10 account setup fee, and dividend reinvestment fees. For most investors a low cost brokerage such as Sharebuilder would be the lowest cost holding vehicle for your Target investment.
Pros:
$2 automatic purchase fee
Cons:
$10 Account setup fees
$5 optional investment fee
Dividend reinvestment fees