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A reliable investment strategy: Identify a widely diversified portfolio of high-quality stocks and build up additional holdings at favorable prices.

 

DRIPs can help you do that.

 

Even small investors can follow such a strategy by investing through dividend reinvestment plans (DRIPs). That's because it takes ownership of only a single share of company stock to establish an account. Therefore, there is nothing to stop you from buying companies in a variety of industries.

 

As for buying at favorable prices, dollar-cost averaging virtually assures that you will buy most shares at favorable prices. And DRIPs provide an excellent way to dollar-cost average. These plans allow you to invest cash amounts to buy shares directly from the company. Once you are enrolled in a plan, you can invest amounts of as little as $25 or $50 (or many thousands of dollars) to buy shares or fractions of shares. That's different than the traditional way to invest, which is to pay brokerage fees to buy a certain number of shares.

 

 

United Bancorp, Inc. (UBCP)

Available from the Temper Enrollment Service: Yes


Last Update On: 09/07/2018:

United Bancorp, Inc. operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. The company accepts demand, savings, and time deposits, as well as grants commercial, real estate, and consumer loans. It also offers brokerage services. As of February 22, 2018, the company operated 18 banking offices that serve the Ohio Counties of Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson, and Tuscarawas and a loan production office in Wheeling. United Bancorp, Inc. was founded in 1974 and is headquartered in Martins Ferry, Ohio.**Taken from Yahoo Finance**

Industry: Banking
Minimum Investment: $100.00
Maximum Investment: 5,000/quarter
Shares to qualify: 1
Recent Price: 11.99
Investing Fee: $0.00
Fee for Dividends: $0.00

! = Company pays fees

Information is based on an annual survey and updated when company changes become available.

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