What is the total return of IPB over the past year?
Merrill Lynch Depositor Inc. 6.0518% Index Plus Trust Series 2003-1 (IPB) delivered a total return of 6.92% over the past year when dividends are reinvested. The price-only return was 0.86%, meaning dividends contributed an additional 6.05 percentage points to total returns.
How much would $10,000 invested in IPB be worth today?
A $10,000 investment in Merrill Lynch Depositor Inc. 6.0518% Index Plus Trust Series 2003-1 one year ago would be worth $10,692 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $10,086. Dividend reinvestment added $605 to the portfolio value.
Does IPB pay dividends?
Yes, Merrill Lynch Depositor Inc. 6.0518% Index Plus Trust Series 2003-1 (IPB) pays dividends. Over the past year, IPB paid 2 dividends totaling $1.5130 per share. Reinvesting these dividends through a DRIP can significantly boost long-term returns.