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Stocks J / Johnson Controls, Inc.


Subject:  Re: New DRIP Fee Structure Date:  10/19/2004  8:09 AM
Author:  lowstudent Number:  457 of 498

"It is still a great company and I don't see myself emptying my position, but I am definitely not a fan of the high costs for dividend reinvestment especially since I assume the costs of issuing a quarterly check would exceed the 4% that they will be charging."

I am doing the same. Their nickle and diming here has me quite upset. I will be taking my dividends in the form of a check, I know just how much this will cost them if folks do this and it is far in excess of what their DRIP could possible have cost. I hope enough JCI drippers do this to make the company feel the pain of becoming investor beligerent toward drippers.

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