Hanover Bancorp, Inc.
Reinvesting dividends added $172.45 extra to your Hanover Bancorp, Inc. investment over this period.
| Ex-Date | Dividend | Reinvest Price | Shares Added |
|---|---|---|---|
| 2025-02-12 | $0.10 | $25.74 | +0.003885 |
| 2025-05-07 | $0.10 | $22.60 | +0.004442 |
| 2025-08-06 | $0.10 | $21.25 | +0.004745 |
| 2025-11-13 | $0.10 | $22.35 | +0.004533 |
Hanover Bancorp, Inc. (HNVR) is a dividend-paying stock. Over the past year, the company paid 4 dividends totaling $0.4000 per share. When these dividends are reinvested through a DRIP (Dividend Reinvestment Plan), they purchase additional shares, which then generate their own dividends—creating a compounding effect that can significantly boost long-term returns.
Our total return calculator simulates dividend reinvestment (DRIP) by assuming each dividend payment is used to purchase additional shares at the closing price on the ex-dividend date. This methodology provides an accurate representation of how a dividend reinvestment plan would perform. The calculation accounts for the compounding effect where reinvested dividends generate their own future dividends.
Hanover Bancorp, Inc. (HNVR) delivered a total return of -0.32% over the past year when dividends are reinvested. The price-only return was -2.04%, meaning dividends contributed an additional 1.72 percentage points to total returns.
A $10,000 investment in Hanover Bancorp, Inc. one year ago would be worth $9,968 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $9,796. Dividend reinvestment added $172 to the portfolio value.
Yes, Hanover Bancorp, Inc. (HNVR) pays dividends. Over the past year, HNVR paid 4 dividends totaling $0.4000 per share. Reinvesting these dividends through a DRIP can significantly boost long-term returns.
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