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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$250 |
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Purchases |
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Minimum |
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$25.00 |
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Maximum purchase |
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$10,000.00 |
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Fees |
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Account |
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None |
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Automatic |
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$2.50 |
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Optional |
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$2.50 |
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Reinvestment |
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2% up to $2.50 |
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$7.50 |
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Company Web |
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Additional |
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Sussex Bank DRIP Details:
The Sussex Bancorp Direct Stock Investment Plan offers an average holding vehicle for your Sussex investment with no account setup fees and below average stock sale fee, but does charge optional stock investment fees, and dividend reinvestment fees. For many long term investors a low cost brokerage such as Sharebuilder may be the lowest cost holding vehicle for your SBBX investment.
Pros:
No account setup fee
Lower than average optional investment fees
Low minimum initial investment ($250)
Below average stock sale fee
Cons:
Dividend reinvestment fees