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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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$0.10/share |
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Optional |
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$0.10/share |
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Reinvestment |
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None |
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$2.00 |
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Company |
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Additional |
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Jack Henry & Associates DRIP Details:
Jack Henry & Associates provides information processing solutions for community banks through the following brands: Jack Henry Banking, Symitar, ProfitStars, and iPay Technologies. The Jack Henry Dividend Reinvestment Plan offers a poor holding vehicle for your Jack Henry investment unless you already own shares. For investors without an existing investment in jack Henry, a low cost brokerage such as Sharebuilder would be your lowest cost holding vehicle for your JKHY investment.
Pros:
No account setup fee
No dividend reinvestment fees
Cons:
Requires 1 share to enroll