Dollar Wise Decisions

Tuesday, September 05, 2006

15 DRIPS – The Rest of the Dow, 4 - 6 of 15

This post examines DRIPs for AT&T, Boeing Co., and Citigroup. I was again pleased to discover that AT&T also has a Direct Purchase Plan (DPP). We are starting to standardize the information from each company into a table for greater uniformity and ease of reading.
Hmmmm, it would appear that tables in MS Word do not copy and paste well into a Blog. I'll have to set up some html tables later on.

AT&T Inc. (T) – DPP & DRIP
INITIAL SETUP
Initial Purchase
$500
One Time Setup Fee
$10
Shares to Qualify for DRIP
1

PURCHASE LIMITS
Minimum Purchase
$50 Per Investment
Maximum Purchase
$120,000 Per Year

TRANSACTION FEES
Optional Cash Investments
$2.50 +$0.05/share
Automatic Investments
$1.00 +$0.05/share
Dividend Reinvestments
5% up to $2 max +$0.10/share

PURCHASE Fee/Share
See above, varying amts

SALE Fee
$10.00

SALE Fee (per share)
$0.10


Boeing Co. (BA) - DRIP
INITIAL SETUP
Initial Purchase
na – DRIP only
One Time Setup Fee
Shares to Qualify for DRIP 50

PURCHASE LIMITS
Minimum Purchase
$50
Maximum Purchase
$100,000/year

TRANSACTION FEES
Optional Cash Investments
$1.00
Automatic Investments
$1.00
Dividend Reinvestments
$1.00

PURCHASE Fees/Share
Plus proportionate share of brokerage commission

SALE of Stock
$10.00
SALE Fees/Share
Plus proportionate share of brokerage commission

Transfer Agent Website: www.EquiServe.com


Citigroup Inc. (C) – DRIP – DRIP Prospectus -
INITIAL SETUP
Initial Purchase
NA – DRIP only
One Time Setup Fee
NA
Shares to Qualify for DRIP
?

PURCHASE LIMITS
Minimum Purchase
NA
Maximum Purchase
NA

TRANSACTION FEES
Optional Cash Investments
NA
Automatic Investments
NA
Dividend Reinvestments
$0.00

PURCHASE Fees/Share
$0.00

SALE of Stock
$15.00
SALE Fees/Share
$0.12/share

Transfer Agent: Citibank Shareholder Services

0 Comments:

Post a Comment

<< Home