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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/19/2024 |
$18.25 |
$18.40 |
$18.18 |
$18.32 |
5.50K | 04/22/2024 |
$18.50 |
$18.78 |
$18.43 |
$18.54 |
14.30K | 04/23/2024 |
$18.65 |
$18.74 |
$18.50 |
$18.51 |
35.50K | 04/24/2024 |
$18.41 |
$18.46 |
$18.22 |
$18.43 |
9.90K | 04/25/2024 |
$18.33 |
$18.42 |
$18.25 |
$18.35 |
7.30K |
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ArrowMark Financial is registered as a non-diversified, closed-end management investment company. Co.'s investment objective is to provide stockholders with existing income, and to a lesser extent capital appreciation. Co. invests in preferred equity, subordinated debt, convertible securities and, to a lesser extent, common equity primarily in the United States community bank sector. Co. may also invest in similar securities of larger United States domiciled banks and companies that provide goods and/or services to banking companies. | |
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Arrowmark Financial (BANX) has the following price history information. Looking back at BANX historical stock prices for the last five trading days, on April 19, 2024, BANX opened at $18.25, traded as high as $18.40 and as low as $18.18, and closed at $18.32. Trading volume was a total of 5.50K shares. On April 22, 2024, BANX opened at $18.50, traded as high as $18.78 and as low as $18.43, and closed at $18.54. Trading volume was a total of 14.30K shares. On April 23, 2024, BANX opened at $18.65, traded as high as $18.74 and as low as $18.50, and closed at $18.51. Trading volume was a total of 35.50K shares. On April 24, 2024, BANX opened at $18.41, traded as high as $18.46 and as low as $18.22, and closed at $18.43. Trading volume was a total of 9.90K shares. On April 25, 2024, BANX opened at $18.33, traded as high as $18.42 and as low as $18.25, and closed at $18.35. Trading volume was a total of 7.30K shares.
BANX Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Arrowmark Financial shares, starting with a $10,000 purchase of BANX, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/25/2024 |
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Start price/share: |
$25.00 |
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End price/share: |
$18.35 |
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Starting shares: |
400.00 |
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Ending shares: |
922.84 |
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Dividends reinvested/share: |
$16.27 |
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Total return: |
69.34% |
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Average Annual Total Return: |
5.41% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$16,933.84 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/25/2024 |
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Start price/share: |
$25.00 |
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End price/share: |
$18.35 |
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Dividends collected/share: |
$16.27 |
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Total return: |
38.48% |
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Average Annual Total Return: |
3.31% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$13,847.93 |
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Years: |
10.00 |
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|
Date |
Close |
04/19/2024 | $18.32 | 04/22/2024 | $18.54 | 04/23/2024 | $18.51 | 04/24/2024 | $18.43 | 04/25/2024 | $18.35 |
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