Enbridge (NYSE:ENB) has outperformed the market over the past 20 years by 2.13% on an annualized basis.
Buying $1,000 In ENB: 20 years ago, an investor could have purchased 141.84 shares of Enbridge at the time with $1,000. This investment in ENB would have produced an average annual return of 9.39%. Currently, Enbridge has a market capitalization of $83.92 billion.
Enbridge's Share Price Over Last 20 Years
If you had invested $1,000 in Enbridge you would have approximately $5,874.47 today.
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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
