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UIL Holdings Corporation (UIL) DRIP

DRIP Plan Highlights

Enrollment

 

 

Initial Purchase

 

$250

 

 

 

 

Purchases

 

 

Minimum purchase

 

$25.00

Maximum purchase

 

$10,000.00

 

 

 

 

Fees

 

 

 

Account Setup Fee

 

None

Automatic investment Fee

 

$2.50

Optional Cash Purchase

 

$2.50

Reinvestment Fee

 

2% up to $2.50

Sale Fee

 

 

$15.00

 

 

 

 

Company Web Site

 

http://www.uil.com

Additional Plan Information

Agent Site




UIL Holdings DRIP Details:

UIL Holdings Corporation is the parent company for the United Illuminating Company (UI), Connecticut Natural Gas Corporation (CNG), The Southern Connecticut Gas Company (SCG), and The Berkshire Gas Company (BGC). The UIL Holdings Direct Stock Investment Plan offers an average holding vehicle for your UIL Holdings investment with no account setup fees, but does charge optional stock investment fees and dividend reinvestment fees. For many long term investors a low cost brokerage such as Sharebuilder may be the lowest cost holding vehicle for your UIL investment.

Pros:
No account setup fee
Lower than average optional investment fees
Low minimum initial investment ($250)

Cons:
Above average stock sale fee
Dividend reinvestment fees