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Video: Compound Annual Growth Rate (CAGR) Definition


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Date Open High Low Close Volume
04/09/2024 $0.40 $0.41 $0.40 $0.41 16.30K
04/10/2024 $0.41 $0.42 $0.41 $0.42 8.50K
04/11/2024 $0.38 $0.41 $0.38 $0.39 15.40K
04/12/2024 $0.41 $0.41 $0.39 $0.40 9.90K
04/15/2024 $0.41 $0.42 $0.40 $0.41 19.20K
Salem Media Group is a multimedia company engaging in Christian and conservative content, with media properties comprising radio broadcasting, digital media, and publishing. Co.'s segments are: Broadcasting, which includes its radio stations, networks, and its national sales agencies including its digital agency, Salem Surround; Digital Media, which provides Christian, conservative, investing content, retirement, e-commerce, audio and video streaming, and other resources digitally through the web; and Publishing, which publishs books for audiences interested in Christian and family-themed content as well as conservative news and opinion.
SALM historical stock prices picture
SALM (SALM) has the following price history information. Looking back at SALM historical stock prices for the last five trading days, on April 09, 2024, SALM opened at $0.40, traded as high as $0.41 and as low as $0.40, and closed at $0.41. Trading volume was a total of 16.30K shares. On April 10, 2024, SALM opened at $0.41, traded as high as $0.42 and as low as $0.41, and closed at $0.42. Trading volume was a total of 8.50K shares. On April 11, 2024, SALM opened at $0.38, traded as high as $0.41 and as low as $0.38, and closed at $0.39. Trading volume was a total of 15.40K shares. On April 12, 2024, SALM opened at $0.41, traded as high as $0.41 and as low as $0.39, and closed at $0.40. Trading volume was a total of 9.90K shares. On April 15, 2024, SALM opened at $0.41, traded as high as $0.42 and as low as $0.40, and closed at $0.41. Trading volume was a total of 19.20K shares.

SALM Historical Stock Prices By Date:

SALM historical cagr picture

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

Growth of $10,000.00
With Dividends Reinvested

Start date: 04/17/2014
End date: 04/15/2024
Start price/share: $8.97
End price/share: $0.41
Starting shares: 1,114.83
Ending shares: 1,597.62
Dividends reinvested/share: $1.47
Total return: -93.45%
Average Annual Total Return: -23.85%
Starting investment: $10,000.00
Ending investment: $655.20
Years: 10.00
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 04/17/2014
End date: 04/15/2024
Start price/share: $8.97
End price/share: $0.41
Dividends collected/share: $1.47
Total return: -79.01%
Average Annual Total Return: -14.45%
Starting investment: $10,000.00
Ending investment: $2,099.01
Years: 10.00
Date Close
04/09/2024$0.41
04/10/2024$0.42
04/11/2024$0.39
04/12/2024$0.40
04/15/2024$0.41
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Also explore: SALM shares outstanding history

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