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Good news from a good company.

http://biz.yahoo.com/prnews/070725/aqw110.html?.v=15

Too bad they have a REALLY HIGH COST reinvestment plan. At least the split shares are no cost.

Regards,
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Too bad they have a REALLY HIGH COST reinvestment plan. At least the split shares are no cost.
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Yes it really is a kick in the teeth. This was long one of my favorite holding to move money into. It has been a stellar performer, but it makes no sense to create new holdings as a Drip unless you are moving very large amounts for your average dripper, even the Dividend Reinvestment is steep.
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Fortunately, I bought my shares of JCI when there were no fees - I have been just holding it and reinvesting the dividends for a couple of years now.

Good news for me - I hold a good number of shares.

Kathy : -)
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At a brokerage account, there is no cost to reinvest dividends.
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