Here's How Much $1000 Invested In Enbridge 20 Years Ago Would Be Worth Today

Enbridge ENB has outperformed the market over the past 20 years by 2.43% on an annualized basis producing an average annual return of 9.69%. Currently, Enbridge has a market capitalization of $93.83 billion.

Buying $1000 In ENB: If an investor had bought $1000 of ENB stock 20 years ago, it would be worth $6,374.40 today based on a price of $46.32 for ENB at the time of writing.

Enbridge's Performance Over Last 20 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.