What is the total return of SPMC over the past year?
Sound Point Meridian Capital Inc (SPMC) delivered a total return of -18.14% over the past year when dividends are reinvested. The price-only return was -30.98%, meaning dividends contributed an additional 12.84 percentage points to total returns.
How much would $10,000 invested in SPMC be worth today?
A $10,000 investment in Sound Point Meridian Capital Inc one year ago would be worth $8,186 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $6,902. Dividend reinvestment added $1,284 to the portfolio value.
Does SPMC pay dividends?
Yes, Sound Point Meridian Capital Inc (SPMC) pays dividends. Over the past year, SPMC paid 12 dividends totaling $2.9800 per share. Reinvesting these dividends through a DRIP can significantly boost long-term returns.