What is the total return of RZC over the past year?
7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) delivered a total return of 5.13% over the past year when dividends are reinvested. The price-only return was -1.93%, meaning dividends contributed an additional 7.05 percentage points to total returns.
How much would $10,000 invested in RZC be worth today?
A $10,000 investment in 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 one year ago would be worth $10,513 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $9,807. Dividend reinvestment added $705 to the portfolio value.
Does RZC pay dividends?
Yes, 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) pays dividends. Over the past year, RZC paid 4 dividends totaling $1.7812 per share. Reinvesting these dividends through a DRIP can significantly boost long-term returns.