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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 |
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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 |
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None |
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Automatic |
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$2.50 |
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Optional |
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$2.50 |
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Reinvestment |
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2% up to $2.50 |
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$15.00 |
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Company Web |
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Additional |
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Trustmark DRIP Details:
The Trustmark Direct Stock Investment Plan offers an average holding vehicle for your Trustmark National Bank investment with no account setup fees, 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 TRMK investment.
Pros:
No account setup fee
Lower than average optional investment fees
Low minimum initial investment ($250)
Cons:
Above average stock sale fee
Dividend reinvestment fees