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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/18/2024 |
$17.12 |
$17.35 |
$16.95 |
$17.07 |
26.00K | 04/19/2024 |
$17.10 |
$17.80 |
$16.75 |
$17.79 |
54.50K | 04/22/2024 |
$17.85 |
$17.85 |
$17.50 |
$17.65 |
26.10K | 04/23/2024 |
$17.80 |
$17.85 |
$17.20 |
$17.42 |
30.80K | 04/24/2024 |
$17.29 |
$17.42 |
$16.96 |
$17.27 |
12.70K |
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Mesabi Trust is a trust that holds all of the interests formerly owned by Mesabi Iron Company. The principal assets of Co. consist of two different interests in certain properties in the Mesabi Iron Range: Co.'s interest as assignor in the Amended Assignment of Peters Lease and the Amended Assignment of Cloquet Lease in St. Louis County, MN (the Peters Lease Lands and the Cloquet Lease Lands, respectively); and Co.'s ownership of the entire beneficial interest in the Mesabi Land Trust, which has a 20% interest as fee owner in the Peters Lease Lands and a 100% fee ownership in certain non-mineral-bearing lands adjacent to the Peters and Cloquet Lease Lands. | |
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Mesabi Trust (MSB) has the following price history information. Looking back at MSB historical stock prices for the last five trading days, on April 18, 2024, MSB opened at $17.12, traded as high as $17.35 and as low as $16.95, and closed at $17.07. Trading volume was a total of 26.00K shares. On April 19, 2024, MSB opened at $17.10, traded as high as $17.80 and as low as $16.75, and closed at $17.79. Trading volume was a total of 54.50K shares. On April 22, 2024, MSB opened at $17.85, traded as high as $17.85 and as low as $17.50, and closed at $17.65. Trading volume was a total of 26.10K shares. On April 23, 2024, MSB opened at $17.80, traded as high as $17.85 and as low as $17.20, and closed at $17.42. Trading volume was a total of 30.80K shares. On April 24, 2024, MSB opened at $17.29, traded as high as $17.42 and as low as $16.96, and closed at $17.27. Trading volume was a total of 12.70K shares.
MSB Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Mesabi Trust shares, starting with a $10,000 purchase of MSB, 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: |
04/28/2014 |
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End date: |
04/24/2024 |
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Start price/share: |
$20.16 |
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End price/share: |
$17.27 |
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Starting shares: |
496.03 |
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Ending shares: |
1,138.74 |
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Dividends reinvested/share: |
$18.95 |
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Total return: |
96.66% |
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Average Annual Total Return: |
7.00% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$19,667.87 |
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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: |
04/28/2014 |
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End date: |
04/24/2024 |
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Start price/share: |
$20.16 |
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End price/share: |
$17.27 |
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Dividends collected/share: |
$18.95 |
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Total return: |
79.66% |
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Average Annual Total Return: |
6.04% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$17,973.28 |
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Years: |
10.00 |
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Date |
Close |
04/18/2024 | $17.07 | 04/19/2024 | $17.79 | 04/22/2024 | $17.65 | 04/23/2024 | $17.42 | 04/24/2024 | $17.27 |
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