What has the average annual return been for CIT over the past ten years?
✔️Accepted answer:
The ten year CIT average annual return has been 6.38% with dividends reinvested.
When you say 'with dividends reinvested' what does that mean?
✔️Accepted answer:
That means that each time the stock goes ex-dividend, the average annual return calculation then factors in how that dividend amount could have been reinvested into more shares of CIT at the then-current price — often this is referred to as 'compounding' and is very important when considering average annual return over a long period like a full decade.
What start date was used in your CIT average annual return calculation?
✔️Accepted answer:
The start date was 01/04/2012.
What end date was used in your CIT average annual return calculation?
✔️Accepted answer:
The end date was 01/03/2022.
If I had invested $10,000 into CIT ten years ago, how much would I have today?
✔️Accepted answer:
With dividends reinvested, as of 01/03/2022, you would have $18,567.23.
What does that work out to on a total return basis?
✔️Accepted answer:
The CIT ten year total return ending 01/03/2022 works out to 85.74%.
Also see:
CIT stock yearly return 2012
CIT stock yearly return 2013
CIT stock yearly return 2014
CIT stock yearly return 2015
CIT stock yearly return 2016
CIT stock yearly return 2017
CIT stock yearly return 2018
CIT stock yearly return 2019
CIT stock yearly return 2020
CIT stock yearly return 2021
CIT YTD return