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Here's How Much $100 Invested In WEC Energy Group 20 Years Ago Would Be Worth Today

Published 02/01/2024, 14:01
Updated 02/01/2024, 15:10
© Reuters. Here's How Much $100 Invested In WEC Energy Group 20 Years Ago Would Be Worth Today
WEC
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Benzinga - by Benzinga Insights, Benzinga Staff Writer.

WEC Energy Group (NYSE:WEC) has outperformed the market over the past 20 years by 1.01% on an annualized basis producing an average annual return of 8.45%. Currently, WEC Energy Group has a market capitalization of $26.55 billion.

Buying $100 In WEC: If an investor had bought $100 of WEC stock 20 years ago, it would be worth $503.26 today based on a price of $84.17 for WEC at the time of writing.

WEC Energy Group'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.

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

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