Toyota Motor Corporation (TM) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$200 |
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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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$5 |
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Optional Cash Purchase |
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$5 |
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Reinvestment Fee |
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5% upto $5 |
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Sale Fee |
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$10 |
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Company Web Site |
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Additional Plan Information |
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Toyota DRIP Details:
The Toyota Motor Corp Direct Stock Investment Plan offers a very poor holding vehicle for your Toyota investment with account setup fees, optional cash purchase 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 TM investment.
Pros:
None Identified
Cons:
Account setup fees, investment fees, dividend reinvestment fees