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DRIP Plan Highlights |
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Enrollment |
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Please note: This DRIP does not allow initial |
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Minimum |
1 Share |
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Purchases |
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Minimum |
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$0 |
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Maximum |
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N/A |
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Fees |
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Account |
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None |
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Automatic |
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None |
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Optional |
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None |
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Reinvestment |
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None |
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Sale Fee |
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$15 |
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Company |
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Additional |
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First Mid-Illinois Bancshares, Inc DRIP Details:
First Mid-Illinois Bancshares is a holding company that operates First Mid-Illinois Bank & Trust, N.A.; Mid-Illinois Data Services, Inc.; and First Mid Insurance Group in Illinois. The First Mid-Illinois Bancorp Dividend Reinvestment Plan offers a poor holding vehicle for your First Mid-Illinois investment unless you already own shares. For investors without an existing investment in First Mid-Illinois bank, a low cost brokerage such as Sharebuilder would be your lowest cost holding vehicle for your FMBH investment.
Pros:
No dividend reinvestment fees
No investment fee
Cons:
Requires 1 share to enroll