|
Video: Compound Annual Growth Rate (CAGR) Definition
|
|
Date |
Open |
High |
Low |
Close |
Volume |
03/22/2024 |
$192.00 |
$192.99 |
$190.51 |
$190.84 |
3.99M | 03/25/2024 |
$190.26 |
$190.82 |
$188.75 |
$188.79 |
3.72M | 03/26/2024 |
$189.02 |
$190.00 |
$188.50 |
$188.50 |
4.23M | 03/27/2024 |
$189.60 |
$190.96 |
$188.60 |
$190.80 |
3.69M | 03/28/2024 |
$190.94 |
$191.93 |
$190.34 |
$190.96 |
3.74M |
|
International Business Machines provides solutions and products that utilize data, information technology, capability in industries and business processes. Co. has four business segments: Software, which provides software solutions that address client needs for a hybrid cloud platform, data and AI, automation, and security; Consulting, which provides knowledge and capabilities in business transformation and technology implementation; Infrastructure, which provides solutions for hybrid cloud and is the foundation of the hybrid cloud stack; and Financing, which facilitates its clients' acquisition of information technology systems, software and services through its financing solutions. | |
|
International Business Machines (IBM) has the following price history information. Looking back at IBM historical stock prices for the last five trading days, on March 22, 2024, IBM opened at $192.00, traded as high as $192.99 and as low as $190.51, and closed at $190.84. Trading volume was a total of 3.99M shares. On March 25, 2024, IBM opened at $190.26, traded as high as $190.82 and as low as $188.75, and closed at $188.79. Trading volume was a total of 3.72M shares. On March 26, 2024, IBM opened at $189.02, traded as high as $190.00 and as low as $188.50, and closed at $188.50. Trading volume was a total of 4.23M shares. On March 27, 2024, IBM opened at $189.60, traded as high as $190.96 and as low as $188.60, and closed at $190.80. Trading volume was a total of 3.69M shares. On March 28, 2024, IBM opened at $190.94, traded as high as $191.93 and as low as $190.34, and closed at $190.96. Trading volume was a total of 3.74M shares.
IBM Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into International Business Machines shares, starting with a $10,000 purchase of IBM, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
04/01/2014 |
|
End date: |
03/28/2024 |
|
Start price/share: |
$185.95 |
|
End price/share: |
$190.96 |
|
Starting shares: |
53.78 |
|
Ending shares: |
82.21 |
|
Dividends reinvested/share: |
$58.36 |
|
Total return: |
56.98% |
|
Average Annual Total Return: |
4.61% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$15,692.00 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
04/01/2014 |
|
End date: |
03/28/2024 |
|
Start price/share: |
$185.95 |
|
End price/share: |
$190.96 |
|
Dividends collected/share: |
$58.36 |
|
Total return: |
34.08% |
|
Average Annual Total Return: |
2.98% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$13,412.01 |
|
Years: |
10.00 |
|
|
|
Date |
Close |
03/22/2024 | $190.84 | 03/25/2024 | $188.79 | 03/26/2024 | $188.50 | 03/27/2024 | $190.80 | 03/28/2024 | $190.96 |
|
|