Merck Message Board - Msg: 3700800

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Biotech / Medical : Merck

MRK 100.30

+1.3%

Dec 12 9:30 AM EST

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To: duncan moyer who wrote (638)	3/13/1998 12:45:00 PM
From: Alan Wojtalik	Read Replies (2) of 1580

<Merck's dividend reinvestment policy is, to me, quite pricey. I believe a $5.00 fee for optional cash payments.> I agree. It just occurred to me recently that with my Ameritrade account, I can buy shares for $8 and have more control over the price I get. For only $3 more I think it's worth it. Don't think I'll be adding any more to my MRK DRIP. Plus it's more convenient to sell through a broker rather than the DRIP. In the future, we may even see lower brokerage commissions. Hope MRK revises its fee structure soon as well. $5 is on the high end for a DRIP anyway.

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