Westamerica Bancorporation (WABC) DRIP
|
DRIP Plan Highlights |
|||
|
Enrollment |
|
|
|
|
Initial Purchase |
|
$100 |
|
|
|
|
|
|
|
Purchases |
|
|
|
|
Minimum
purchase |
|
$100.00 |
|
|
Maximum
purchase |
|
$3,000.00 |
|
|
|
|
|
|
|
Fees |
|
|
|
|
Account
Setup Fee |
|
$10.00 |
|
|
Automatic
Investment Fee |
$1.50 |
||
|
Optional
Cash Investment |
$5.00 |
||
|
Reinvestment
Fee |
|
None |
|
|
|
|
|
$5.00 |
|
|
|
|
|
|
Company
Web Site |
|
||
|
Additional
Plan Information |
|||
Westamerica Bancorporation DRIP Details: Westamerica Bancorporation is a bank holding company whose principal subsidiary Westamerica Bank is a regional bank in California. The Westamerica Direct Stock Investment Plan offers a middle of the road holding vehicle for your Westamerica investment with an account setup fee, investment fees, but does feature no dividend reinvestment fees. Depending on your investment style the Westamerica DRIP or a low cost brokerage such as Sharebuilder could be the lowest cost holding vehicle for your WABC investment.
Pros:
No dividend reinvestment fees
Below average automatic investment fees
Below average sales fee
Cons:
Account setup fees
Above average one-time investment fees