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Southwest Airlines is a solid investing option for DRIP investors looking for rapidly growing dividends. The company's DRIP fees are higher than average; however, fees related to reinvested dividends are paid by the company.
Investor Contact Information:
Transfer Agent: Wells Fargo
Mail: P.O. Box 64874
St. Paul, MN 55164
Phone: (866) 877-6206
* By clicking this button you will initiate a share purchase request to other FirstShare community members.
|DRIP Plan Summary:||Fees/Investment Options|
|Consecutive Years of Higher Dividends:||6|
|Purchase Fee:||$2.50 + $0.05/share (cash purchases)
$1 + $0.05/share (automatic investments)
|Dividend Reinvestment Fee:||NONE (paid by Southwest Airlines)|
|Discount on Reinvested Dividends:||None|
|Direct Enrollment (DE):||Yes|
|DE Minimum Investment:||$250|
|Optional Cash Purchase:||Yes|
|OCP Purchase Frequency:||Weekly|
|Transfer Agent:||Wells Fargo|