Beam Inc. (NYSE: BEAM)
Quick Takeaway: BEAM offers a very solid DRiP plan for DRiP investors. All purchase and dividend reinvestment fees are paid by the company and optional cash purchases can be made on a monthly basis. The company does not currently offer a direct enrollment option for non-shareholders, so those interested will need to own at least one share of BEAM stock to be eligible.
Beam, Inc. DRIP Plan Prospectus| Purchase Fees | NONE (Paid by BEAM) |
|---|---|
| Dividend Reinvestment Fee | NONE (Paid by BEAM) |
| Discount on Reinvested Dividends | NONE |
| Direct Enrollment(DE)? | No |
| DE Minimum Investment | NA |
| Optional Cash Purchases (OCP)? | Yes |
| OCP Minimum | $50 transaction |
| OCP Maximum | $15,000/calendar quarter |
| OCP Purchases Made | Monthly (First business day) |
| Transfer Agent | Wells Fargo Shareowner Services |
Company Profile
Beam, Inc. is the fourth largest premium spirits company in the world and the largest U.S.-based spirits company. The company boasts 10 of the world's top-100 premium spirits brands. In 2011, the company was spun-off from Fortune Brands, Inc. and now trades as a stand-alone public company.
Key Products & Brands:
Jim Beam & Maker's Mark Bourbon, Sauza tequila, Canadian Club whisky, Courvoisier cognac, Cruzan rum, Teacher's Scotch, EFFEN vodka & Skinnygirl margarita
Transfer Agent Contact:
Wells Fargo Shareowner Services
P.O. Box 64856
St. Paul, MN 55164-0856
Phone: 800-225-2719
Investor Relations Website
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