Here’s How Much $1000 Invested In Enbridge 20 Years Ago Would Be Worth Today

Enbridge (NYSE:ENB) has outperformed the market over the past 20 years by 1.1% on an annualized basis producing an average annual return of 8.64%. Currently, Enbridge has a market capitalization of $77.48 billion.

Enbridge (NYSE:ENB) has outperformed the market over the past 20 years by 1.1% on an annualized basis producing an average annual return of 8.64%. Currently, Enbridge has a market capitalization of $77.48 billion.

Buying $1000 In ENB: If an investor had bought $1000 of ENB stock 20 years ago, it would be worth $5,243.58 today based on a price of $38.27 for ENB at the time of writing.

Enbridge’s Performance Over Last 20 Years

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Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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