HMN Financial Dividend Reinvestment Plan

Have your HMN Financial, Inc., (HMN) dividends automatically reinvested in additional HMN stock through HMN’s automatic Dividend Reinvestment Plan (DRIP). Administered by Wells Fargo Shareowner Services, this service is an easy, practical way to build your HMN stockholdings.

Benefits of the Plan

  • There are no dividend checks to deposit; your dividends are paid directly to your HMN Dividend Reinvestment account at Wells Fargo.
  • Every penny goes to work for you, buying full and fractional shares (computed up to three decimal places) of HMN stock. Investments are made without brokerage fees or service charges. HMN pays for the charges associated with acquiring additional shares of HMN common stock pursuant to the Plan.
  • You may send additional money if you wish (as little as $50, up to $5,000, every month) to buy more HMN stock.
  • You also may have money withdrawn automatically from your checking or savings account each month and invested in your Dividend Reinvestment Plan account.
  • You may send your stock certificate(s) to Wells Fargo for free safekeeping.
  • Wells Fargo keeps detailed records of your account and will mail you a statement after each transaction. This will be at least quarterly for the dividend purchases. The statements will reflect how much stock is purchased and how many shares you own.
  • You can join or quit the Plan at any time. Participation is entirely voluntary.

Any notice, instruction, request, election or direction shall be given in writing by the shareholder and mailed to:

Wells Fargo Bank Minnesota, N.A.
Shareowner Services
Dividend Reinvestment Department
PO Box 64856
St. Paul, MN 55164-0856

 

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