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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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N/A |
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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 |
Not Offered |
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Optional |
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Not Offered |
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Reinvestment |
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None |
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Sale Fee |
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$15.00 |
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Company |
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Additional |
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BNC Bancorp DRIP Details:
BNC Bancorp is a bank holding company that operates the Bank of North Carolina. The BNC Bancorp Dividend Reinvestment Plan offers a poor holding vehicle for your Bank of North Carolina investment as it requires 1 share to enroll. For investors who don’t already own Bank of North Carolina shares a low cost brokerage such as Sharebuilder would be the lowest cost holding vehicle for your BNCN investment.
Pros:
No account setup fees
No dividend reinvestment fees
5% discount on reinvested dividends
Cons:
Requires 1 share to enroll
Does not allow additional investment purchases through plan