What is the total return of TECTP over the past year?
Tectonic Financial, Inc. (TECTP) delivered a total return of 8.01% over the past year when dividends are reinvested. The price-only return was -2.95%, meaning dividends contributed an additional 10.95 percentage points to total returns.
How much would $10,000 invested in TECTP be worth today?
A $10,000 investment in Tectonic Financial, Inc. one year ago would be worth $10,801 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $9,705. Dividend reinvestment added $1,095 to the portfolio value.
Does TECTP pay dividends?
Yes, Tectonic Financial, Inc. (TECTP) pays dividends. Over the past year, TECTP paid 4 dividends totaling $1.1549 per share. Reinvesting these dividends through a DRIP can significantly boost long-term returns.