Southside Bancshares Inc (SBSI) DRIP

DRIP Plan Highlights
Enrollment
Please note: This DRIP does not allow initial investments by non-shareholders. Only existing shareholders may enroll in this DRIP.
Minimum shares required to enroll			1 Share
Purchases
Minimum purchase			$0
Maximum purchase			N/A
Fees
Account Setup Fee			None
Automatic Investment Fee			None
Optional Cash Purchase			None
Reinvestment Fee			None
Sale Fee			$0.12/share
Company Web Site			http://www.southside.com
Additional Plan Information			Agent Site

Southside Bancshares Inc DRIP Details:
Southside Bancshares Inc is a bank holding company that operates Southside Bank in Texas. The Southside Bancshares Inc Dividend Reinvestment Plan offers a poor holding vehicle for your Southside Bank investment unless you already own shares. For investors without an existing investment in Southside, a low cost brokerage such as Sharebuilder would be your lowest cost holding vehicle for your SBSI investment.
Pros:
No account setup fee
No investment fees
No dividend reinvestment fees
Cons:
Requires 1 share to enroll