Sussex Bancorp (SBBX) 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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$25.00 |
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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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None |
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Automatic
Invesment Fee |
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$2.50 |
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Optional
Cash Purchase |
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$2.50 |
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Reinvestment
Fee |
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2% up to $2.50 |
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$7.50 |
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Company Web
Site |
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Additional
Plan Information |
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Sussex Bank DRIP Details:
The Sussex Bancorp Direct Stock Investment Plan offers an average holding vehicle for your Sussex investment with no account setup fees and below average stock sale fee, but does charge optional stock investment fees, and dividend reinvestment fees. For many long term investors a low cost brokerage such as Sharebuilder may be the lowest cost holding vehicle for your SBBX investment.
Pros:
No account setup fee
Lower than average optional investment fees
Low minimum initial investment ($250)
Below average stock sale fee
Cons:
Dividend reinvestment fees