Center Bancorp Inc (CNBC) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Please note: This DRIP does not allow initial
investments by non-shareholders. Only existing shareholders may enroll in
this DRIP. |
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Minimum
shares required to enroll |
1 Share |
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Purchases |
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Minimum
purchase |
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$100 |
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Maximum
purchase |
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$50,000 |
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Fees |
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Account
Setup Fee |
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None |
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Automatic
Investment Fee |
None |
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Optional
Cash Purchase |
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None |
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Reinvestment
Fee |
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None |
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Variable |
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Company
Web Site |
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Additional
Plan Information |
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Center Bancorp Inc DRIP Details:
Center Bancorp Inc is a bank holding company that operates Union Center National Bank in New Jersey. The Center Bancorp Dividend Reinvestment Plan offers a poor holding vehicle for your Center Bancorp investment as it requires 1 share to enroll. For investors who don't already own Center Bancorp shares a low cost brokerage such as Sharebuilder would be the lowest cost holding vehicle for your CNBC investment.
Pros:
No account setup fees
No dividend reinvestment fees
No investment fees
5% discount on shares purchased with reinvested dividends
Cons:
Requires 1 share to enroll