What has the average annual return been for PNM over the past ten years?
✔️Accepted answer:
The ten year PNM average annual return has been 8.46% 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 PNM 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 PNM average annual return calculation?
✔️Accepted answer:
The start date was 08/05/2014.
What end date was used in your PNM average annual return calculation?
✔️Accepted answer:
The end date was 08/02/2024.
If I had invested $10,000 into PNM ten years ago, how much would I have today?
✔️Accepted answer:
With dividends reinvested, as of 08/02/2024, you would have $22,526.62.
What does that work out to on a total return basis?
✔️Accepted answer:
The PNM ten year total return ending 08/02/2024 works out to 125.27%.
Also see:
PNM stock yearly return 2014
PNM stock yearly return 2015
PNM stock yearly return 2016
PNM stock yearly return 2017
PNM stock yearly return 2018
PNM stock yearly return 2019
PNM stock yearly return 2020
PNM stock yearly return 2021
PNM stock yearly return 2022
PNM stock yearly return 2023
PNM YTD return