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LSB Bancshares (LXBK) DRIP

DRIP Plan Highlights

Enrollment

 

 

 

Initial Purchase

 

$250

 

 

 

 

Purchases

 

 

 

Minimum purchase

 

$50

Maximum purchase

 

$350,000

 

 

 

 

Fees

 

 

 

Account Setup Fee

 

$10

Automatic investment Fee

 

$2

Optional Cash Purchase

 

$5

Reinvestment Fee

 

$0

Sale Fee

 

 

$15

Sale Processing Fee

 

 N/A

 

 

 

 

Company Web Site

 

http://www.lsbbancshares.com

Additional Plan Information

 

Agent Site


LXBK DRIP Details:
The LSB Bancshares offers a below average dividend reinvestment plan due to its high optional investment fees and account setup fee. Depending on your investment style you should consider low cost brokerages such as Sharebuilder for you lowest cost holding vehicle.

Pros:
Initial investment thorugh plan, free dividend reinvestment

Cons:
$10 account setup fee, $5 optional investment fee