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Video: Compound Annual Growth Rate (CAGR) Definition


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Date Open High Low Close Volume
08/25/2015 $19.40 $19.40 $19.20 $19.20 9.00K
08/26/2015 $19.36 $19.36 $19.19 $19.26 13.30K
08/27/2015 $19.29 $19.29 $19.21 $19.26 15.70K
08/28/2015 $19.21 $19.26 $19.21 $19.25 11.10K
08/31/2015 $19.26 $19.26 $19.21 $19.25 17.40K
Palmetto Bancshares is a bank holding company for The Palmetto Bank (the Bank). The Bank focuses on providing financial solutions to consumers and businesses with deposit and cash management products, loans (including consumer, Small Business Administration, commercial, corporate, mortgage, credit card and automobile), lines of credit, trust, brokerage, private banking, financial planning and insurance across its primary market area of northwest South Carolina, which includes the counties of Abbeville, Anderson, Cherokee, Greenville, Greenwood, Laurens, Oconee, Pickens and Spartanburg. As of Dec 31 2013, Co. had total assets of $1.09 billion and total deposits of $907.4 million.
PLMT historical stock prices picture
PLMT (PLMT) has the following price history information. Looking back at PLMT historical stock prices for the last five trading days, on August 25, 2015, PLMT opened at $19.40, traded as high as $19.40 and as low as $19.20, and closed at $19.20. Trading volume was a total of 9.00K shares. On August 26, 2015, PLMT opened at $19.36, traded as high as $19.36 and as low as $19.19, and closed at $19.26. Trading volume was a total of 13.30K shares. On August 27, 2015, PLMT opened at $19.29, traded as high as $19.29 and as low as $19.21, and closed at $19.26. Trading volume was a total of 15.70K shares. On August 28, 2015, PLMT opened at $19.21, traded as high as $19.26 and as low as $19.21, and closed at $19.25. Trading volume was a total of 11.10K shares. On August 31, 2015, PLMT opened at $19.26, traded as high as $19.26 and as low as $19.21, and closed at $19.25. Trading volume was a total of 17.40K shares.

PLMT Historical Stock Prices By Date:

PLMT historical cagr picture

Below, we examine the compound annual growth rate — CAGR for short — of an investment into PLMT shares, starting with a $10,000 purchase of PLMT, and working forward through the historical stock price information to today.

Growth of $10,000.00
With Dividends Reinvested

Start date: 04/25/2014
End date: 08/31/2015
Start price/share: $13.32
End price/share: $19.25
Starting shares: 750.75
Ending shares: 766.02
Dividends reinvested/share: $0.34
Total return: 47.46%
Average Annual Total Return: 33.31%
Starting investment: $10,000.00
Ending investment: $14,745.18
Years: 1.35
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 04/25/2014
End date: 08/31/2015
Start price/share: $13.32
End price/share: $19.25
Dividends collected/share: $0.34
Total return: 47.07%
Average Annual Total Return: 33.06%
Starting investment: $10,000.00
Ending investment: $14,707.85
Years: 1.35
Date Close
08/25/2015$19.20
08/26/2015$19.26
08/27/2015$19.26
08/28/2015$19.25
08/31/2015$19.25
PLMT is categorized under the Financials sector; below are some other companies in the same sector:

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