The JM Smucker Company (SJM) DRIP
|
DRIP Plan Highlights |
|||
|
Enrollment |
|
|
|
|
Initial Purchase |
|
$250 |
|
|
|
|
|
|
|
Purchases |
|
|
|
|
Minimum
purchase |
|
$25 |
|
|
Maximum
purchase |
|
$50,000 |
|
|
|
|
|
|
|
Fees |
|
|
|
|
Account
Setup Fee |
|
$10 |
|
|
Automatic
investment Fee |
|
$1.50 |
|
|
Optional
Cash Purchase |
|
$5 |
|
|
Reinvestment
Fee |
|
None |
|
|
|
|
|
$10 |
|
|
|
|
|
|
Company
Web Site |
|
||
|
Additional
Plan Information |
|||
The JM Smucker DRIP Details:
The Smucker's Dividend Reinvestment Plan offers a below average holding vehicle for your JMSmucker investment with a $10 account setup fee and $5 cash investment fee. For most investors a low cost brokerage such as Sharebuilder would be the lowest cost holding vehicle for your SJM investment.
Pros:
No dividend reinvestment fee, Below average sales fee
Cons:
$10 Account setup fees, $5 investment fee