The Travelers Companies (TRV) DRIP
DRIP Plan Highlights |
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Enrollment |
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Please note: This DRIP does not allow initial
investments by non-shareholders. Only existing shareholders may enroll in
this DRIP. |
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Minimum
shares required to enroll |
1 Share |
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Purchases |
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Minimum
purchase |
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$25 |
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Maximum
purchase |
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$50,000 |
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Fees |
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Account
Setup Fee |
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None |
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Automatic
investment Fee |
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$2.00 |
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Optional
Cash Purchase |
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$3.00 |
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Reinvestment
Fee |
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5% up to $3 |
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$15.00 |
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Company
Web Site |
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Additional
Plan Information |
The Travelers Indemnity Company DRIP Details:
The Travelers Insurance Dividend ReInvestment Plan offers a poor holding vehicle for your Travelers investment as it requires at least 1 share to enroll. Unless you already own Travelers stock, a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your TRV investment.
Pros:
Below average optional investment fees
No account setup fee
Cons:
Requires 1 share to enroll
Dividend reinvestment fees
Above average stock sale fee