Vulcan Materials Company (VMC) 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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$10 |
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Maximum
purchase |
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$60,000 |
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Fees |
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Account
Setup Fee |
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$10.00 |
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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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10% upto $3 |
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Sale Fee |
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$15.00 |
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Company
Web Site |
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Additional
Plan Information |
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Vulcan Materials Company DRIP Details:
The Vulcan Materials Direct Stock Purchase and Dividend Reinvestment Plan offers a poor investment vehicle for your Vulcan investment with an enrollment fee, investment fees, and dividend reinvestment fees. For most long term investors, a low cost brokerage such as Sharebuilder would be your lowest cost holding vehicle for your VMC investment.
Pros:
Below average automatic investment fees
Cons:
Account setup fee ($10)
Dividend reinvestment fees
Above average stock sale fee ($15)