Walgreens (WAG) 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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$50 |
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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 |
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Automatic
investment Fee |
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$1.50 |
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Optional
Cash Purchase |
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$5 |
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Reinvestment
Fee |
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$0 |
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$15 |
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Company
Web Site |
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Additional
Plan Information |
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WAG DRIP Details:
The Walgreens Dividend Reinvestment Plan offers a less than attractive holding vehicle for your Walgreens investment depending on your investment style. The Walgreens DRIP could be your lowest cost holding vehicle if you plan on making regular automatic investments in Walgreens stock for an extended period of time. If not, you should consider low cost brokerages such as Sharebuilder for your lowest cost holding vehicle.
Pros:
Initial investment through plan, no dividend reinvestment fee
Cons:
$10 account setup fee, $5 optional cash purchase fee