Huntington Bancshares (HBAN) DRIP
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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$250 |
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Purchases |
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Minimum
purchase |
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$50.00 |
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Maximum purchase |
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$10,000.00 |
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Fees |
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Account
Setup Fee |
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$10.00 |
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Automatic
Investment Fee |
$2.50 |
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Optional
Cash Investment |
$5.00 |
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Reinvestment
Fee |
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5% upto
$3 |
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$15.00 |
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Company Web
Site |
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Additional
Plan Information |
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Huntington Bancshares DRIP Details:
Huntington Bancshare is a regional bank holding company whose primary subsidiary is Huntington National Bank. The Huntington Bancshares Direct Stock Investment offers a poor holding vehicle for your Huntington investment with its $10 account setup fee, investment fees, and dividend reinvestment fees. For most investors a low cost brokerage such as Sharebuilder would be your lowest cost holding vehicle for your HBAN investment.
Pros:
Lower than average automatic investment fees
Cons:
Account setup fee
Dividend investment fees
Above average one-time investment fees
Above average stock sale fee