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Benzinga
Benzinga
Business
Benzinga Insights

If You Invested $100 In This Stock 20 Years Ago, You Would Have $600 Today

Royal Bank of Canada (NYSE:RY) has outperformed the market over the past 20 years by 1.78% on an annualized basis producing an average annual return of 8.95%. Currently, Royal Bank of Canada has a market capitalization of $136.98 billion.

Buying $100 In RY: If an investor had bought $100 of RY stock 20 years ago, it would be worth $558.26 today based on a price of $97.69 for RY at the time of writing.

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