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

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Royal Bank of Canada 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.

Royal Bank of Canada'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.

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