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
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.