What is the total return of MRBK over the past year?
Meridian Corporation (MRBK) delivered a total return of 22.74% over the past year when dividends are reinvested. The price-only return was 18.71%, meaning dividends contributed an additional 4.03 percentage points to total returns.
How much would $10,000 invested in MRBK be worth today?
A $10,000 investment in Meridian Corporation one year ago would be worth $12,274 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $11,871. Dividend reinvestment added $403 to the portfolio value.
Does MRBK pay dividends?
Yes, Meridian Corporation (MRBK) pays dividends. Over the past year, MRBK paid 4 dividends totaling $0.5000 per share. Reinvesting these dividends through a DRIP can significantly boost long-term returns.