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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 |
100 Shares |
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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 |
N/A |
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Optional |
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N/A |
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Reinvestment |
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None |
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N/A |
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Company |
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Additional |
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First Century Bankshares Inc DRIP Details:
First Century Bankshares is a bank holding company that operates First Century Bank in West Virginia and Virginia. The First Century Bankshares Dividend Reinvestment Plan offers a poor holding vehicle for your First Century Bankshares investment as it requires at least 100 shares to enroll. For investors who don’t already own First Century Bankshares shares, a low cost brokerage such as Sharebuilder would most likely be your lowest cost holding vehicle for your FCBC investment.
Pros:
No account setup fees
No dividend reinvestment fees
Cons:
Requires 100 shares to enroll
Does not permit stock sales within plan
Does not permit optional investments through plan