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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
Date |
Open |
High |
Low |
Close |
Volume |
12/04/2023 |
$88.21 |
$89.75 |
$88.21 |
$89.39 |
130.50K | 12/05/2023 |
$89.38 |
$89.38 |
$87.32 |
$87.77 |
201.90K | 12/06/2023 |
$88.69 |
$89.69 |
$87.03 |
$87.08 |
131.10K | 12/07/2023 |
$86.89 |
$88.17 |
$86.58 |
$88.14 |
138.20K | 12/08/2023 |
$88.29 |
$90.14 |
$88.29 |
$89.13 |
110.90K |
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Albany International is engaged the Machine Clothing (MC) segment and the Albany Engineered Composites (AEC) segment. The MC segment supplies permeable and impermeable belts used in the manufacture of paper, paperboard, tissue and towel, pulp, nonwovens, fiber cement and several other industrial applications. Co. designs, manufactures, and markets paper machine clothing for each section of the paper machine and for every grade of paper. The AEC segment provides composite structures including fan blades, fan cases, and vacuum waste tanks to customers in the commercial and defense aerospace industries. | |
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Albany International (AIN) has the following price history information. Looking back at AIN historical stock prices for the last five trading days, on December 04, 2023, AIN opened at $88.21, traded as high as $89.75 and as low as $88.21, and closed at $89.39. Trading volume was a total of 130.50K shares. On December 05, 2023, AIN opened at $89.38, traded as high as $89.38 and as low as $87.32, and closed at $87.77. Trading volume was a total of 201.90K shares. On December 06, 2023, AIN opened at $88.69, traded as high as $89.69 and as low as $87.03, and closed at $87.08. Trading volume was a total of 131.10K shares. On December 07, 2023, AIN opened at $86.89, traded as high as $88.17 and as low as $86.58, and closed at $88.14. Trading volume was a total of 138.20K shares. On December 08, 2023, AIN opened at $88.29, traded as high as $90.14 and as low as $88.29, and closed at $89.13. Trading volume was a total of 110.90K shares.
AIN Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into Albany International shares, starting with a $10,000 purchase of AIN, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
12/11/2013 |
|
End date: |
12/08/2023 |
|
Start price/share: |
$35.26 |
|
End price/share: |
$89.13 |
|
Starting shares: |
283.61 |
|
Ending shares: |
323.51 |
|
Dividends reinvested/share: |
$7.44 |
|
Total return: |
188.35% |
|
Average Annual Total Return: |
11.17% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$28,823.72 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
12/11/2013 |
|
End date: |
12/08/2023 |
|
Start price/share: |
$35.26 |
|
End price/share: |
$89.13 |
|
Dividends collected/share: |
$7.44 |
|
Total return: |
173.88% |
|
Average Annual Total Return: |
10.60% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$27,379.87 |
|
Years: |
10.00 |
|
|
 |
Date |
Close |
12/04/2023 | $89.39 | 12/05/2023 | $87.77 | 12/06/2023 | $87.08 | 12/07/2023 | $88.14 | 12/08/2023 | $89.13 |
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