Yes. The DRIP stock price can go up from 4.730 USD to 8.657 USD in one year.

Is drip stock a good buy?

But bottom line, reinvesting dividends through a broker or by signing up for DRIP plans directly through the dividend-paying companies, is a surprisingly powerful tool to passively improve your investment returns. So yes, DRIP plans are worth it, as long as they fit with your investing goals.

Is drip ETF a good investment?

While DRIPs are a great choice for most investors, if for no other reason than it continuously puts your capital to work in the market, that doesn't mean they are necessarily an optimal means of investing.