Donegal Insurance Group (DGICA) 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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$25 |
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Maximum
purchase |
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$12,000 |
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Fees |
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Account
Setup Fee |
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None |
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Automatic
investment Fee |
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$2.00 |
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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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$15 |
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Company
Web Site |
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Additional
Plan Information |
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Donegal Insurance Group DRIP Details: Donegal Insurance Group is a group of property and casualty insurance companies including Atlantic States Insurance Company, Southern Insurance Company of Virginia, Le Mars Insurance Company, Peninsula Insurance Company, Sheboygan Falls Insurance Company, and Southern Mutual Insurance Company. The Donegal Insurance Group Dividend Reinvestment Plan offers a poor holding vehicle for your Donegal investment as it requires shares to enroll. For investors without Donegal shares a low cost brokerage such as Sharebuilder will be lowest cost holding vehicle for your DGICA investment.
Pros:
No dividend reinvestment fees
No investment fees
Cons:
Requires 1 share to enroll