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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 |
20 Shares |
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Purchases |
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Minimum |
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$50 |
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Maximum |
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$5,000 |
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Fees |
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Account |
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None |
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Automatic |
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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$20.00 |
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Company |
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Additional |
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First Defiance Financial Corporation DRIP Details:
First Defiance Financial Corporation is a bank holding company that operates First Federal Bank of the Midwest and First Insurance & Investments in Ohio, Michigan, and Indiana. The First Defiance Financial Dividend Reinvestment Plan offers a poor holding vehicle for your First Defiance Financial investment as it requires at least 20 shares to enroll. For investors who don’t already own First Defiance Financial shares, a low cost brokerage such as Sharebuilder would most likely be your lowest cost holding vehicle for your FDEF investment.
Pros:
No account setup fees
No dividend reinvestment fees
No investment fees
Cons:
Requires 20 shares to enroll
Above average stock sales fee