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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.

 

 

Consumers Bancorp Inc. (CBKM)

Available from the Temper Enrollment Service: Yes


Last Update On: 08/29/2018:

Consumers Bancorp, Inc. operates as the bank holding company for the Consumers National Bank that provides various commercial and retail banking products and services for individuals and businesses primarily in Carroll, Columbiana, Jefferson, Stark, Summit, Wayne and contiguous counties in Ohio. The company accepts various deposit products, including non-interest and interest bearing demand deposits, savings and time deposits, and certificates of deposits. It also provides various loan products, such as commercial loans for various general business purposes commercial real estate loans, including mortgage loans to farmers, multi-family investment properties, developers, and owners of commercial real estate residential real estate loans comprising one to four family residential real estate and home equity loans and consumer loans consisting of automobile loans, personal lines of credit, and unsecured loans. In addition, the company invests in securities consisting primarily of obligations of United States government sponsored entities, municipal obligations, and mortgage-backed securities. It operates through 13 branch locations and 2 loan production offices. The company was founded in 1965 and is headquartered in Minerva, Ohio.**Taken from Yahoo Finance**

Industry: Banking
Minimum Investment: $100.00
Maximum Investment: $5,000/qtr
Shares to qualify: 1
Recent Price: 20.00
Investing Fee: $0!
Fee for Dividends: $0!

! = Company pays fees

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

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