search

investing links

Webster (WBS) DRIP

DRIP Plan Highlights

Enrollment

 

 

Initial Purchase

 

$250

 

 

 

 

Purchases

 

 

Minimum purchase

 

$50

Maximum purchase

 

$60,000

 

 

 

 

Fees

 

 

 

Account Setup Fee

 

$15.00

Automatic Invesment Fee

 

$2.00

Optional Cash Purchase

 

$5.00

Reinvestment Fee

 

None

Sale Fee

 

 

$15.00

 

 

 

 

Company Web Site

 

https://www.websteronline.com

Additional Plan Information

Agent Site



Webster Financial Corporation DRIP Details:
The Webster Bank Direct Stock Purchase and Dividend Reinvestment Plan offers a mediocre investment vehicle for your Webster investment with enrollment fee, below average investment fees, but features no dividend reinvestment fees. Depending on your investment style a low cost brokerage such as Sharebuilder or the Webster Bank DRIP, would be your lowest cost holding vehicle for your WBS investment.

Pros:
Below average automatic investment fees
No dividend reinvestment fees

Cons:
Account setup fee ($15)
Above average stock sale fee ($15)