United Parcel Service (UPS) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$250 |
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Purchases |
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Minimum
purchase |
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$100 |
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Maximum
purchase |
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$120,000 |
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Fees |
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Account
Setup Fee |
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$15.00 |
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Automatic
Invesment Fee |
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$2.00 |
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Optional
Cash Purchase |
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$5.00 |
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Reinvestment
Fee |
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5% upto
$5 |
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$15.00 |
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Company
Web Site |
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Additional
Plan Information |
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UPS DRIP Details:
The United Parcel Service Direct Stock Purchase and Dividend Reinvestment Plan offers a poor investment vehicle for your UPS investment with enrollment fee, investment fees, dividend reinvestment fees, and above average stock sales fee. For most long term investors, a low cost brokerage would be the lowest cost holding vehicle for your UPS investment.
Pros:
None
Cons:
Account setup fee
Dividend reinvestment fees
Above average stock sales fee ($15)