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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
03/21/2024 |
$68.61 |
$69.71 |
$67.94 |
$69.48 |
1.73M | 03/22/2024 |
$69.72 |
$70.12 |
$69.50 |
$70.03 |
1.58M | 03/25/2024 |
$70.28 |
$70.94 |
$69.54 |
$69.94 |
4.91M | 03/26/2024 |
$74.85 |
$77.75 |
$73.75 |
$77.30 |
6.32M | 03/27/2024 |
$77.75 |
$77.77 |
$75.21 |
$76.03 |
4.35M |
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McCormick & Co. manufactures, markets and distributes spices, seasoning mixes, condiments and other flavor products to the food industry- retailers, food manufacturers and foodservice businesses. Co. also is partner in a number of joint ventures that are involved in the manufacture and sale of flavor products. Co. operates in the following business segments: Consumer, in which Co. markets its products to customers and supplies private label items, also known as store brands; and Flavor Solutions, which provides a range of flavor solutions including seasoning blends, spices and herbs, condiments, coating systems, and compound flavors. | |
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McCormick and (MKC) has the following price history information. Looking back at MKC historical stock prices for the last five trading days, on March 21, 2024, MKC opened at $68.61, traded as high as $69.71 and as low as $67.94, and closed at $69.48. Trading volume was a total of 1.73M shares. On March 22, 2024, MKC opened at $69.72, traded as high as $70.12 and as low as $69.50, and closed at $70.03. Trading volume was a total of 1.58M shares. On March 25, 2024, MKC opened at $70.28, traded as high as $70.94 and as low as $69.54, and closed at $69.94. Trading volume was a total of 4.91M shares. On March 26, 2024, MKC opened at $74.85, traded as high as $77.75 and as low as $73.75, and closed at $77.30. Trading volume was a total of 6.32M shares. On March 27, 2024, MKC opened at $77.75, traded as high as $77.77 and as low as $75.21, and closed at $76.03. Trading volume was a total of 4.35M shares.
MKC Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into McCormick and shares, starting with a $10,000 purchase of MKC, 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: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$35.87 |
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End price/share: |
$76.03 |
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Starting shares: |
278.78 |
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Ending shares: |
333.46 |
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Dividends reinvested/share: |
$11.39 |
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Total return: |
153.53% |
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Average Annual Total Return: |
9.75% |
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Starting investment: |
$10,000.00 |
|
Ending investment: |
$25,347.47 |
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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: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$35.87 |
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End price/share: |
$76.03 |
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Dividends collected/share: |
$11.39 |
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Total return: |
143.73% |
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Average Annual Total Return: |
9.32% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$24,371.95 |
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Years: |
10.00 |
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Date |
Close |
03/21/2024 | $69.48 | 03/22/2024 | $70.03 | 03/25/2024 | $69.94 | 03/26/2024 | $77.30 | 03/27/2024 | $76.03 |
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