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Non-Tech : DRIPs -- Dividend reinvestment plans
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To: Thean who wrote (55)1/7/1997 10:41:00 AM
From: Uri   of 263
 
Hi,

I have heard that PG DRIP has some purchasing and dividend reinvestment fees. How much is it really for minimum monthly OCP of $100 and associated reinvested div?

Also, LLY has fees including a $5 transaction fee on each OCP and $1.50 on each dividend reinvestment. I don't mind to pay transaction fees for some solid companies. But I simply want to understand the way DRIPs work. For example, in LLY case, do they charge $1.50 on each small (fractional) dividend reinvestment?

Regards,

Uri
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