Here’s what $10,000 worth of Westpac (ASX:WBC) shares bought 10 years ago looks like today
Westpac shares have gained around 12% in value over the past decade
When factoring in dividends, an initial investment of $10,000 would have reaped almost $19,000
The ASX has generated a yearly average return of 5.56% over the last decade compared to 1.16% for Westpac
$Westpac Banking Corp (WBC.AU)$ share price has travelled sideways over the past decade.
$Westpac Banking Corp (WBC.AU)$ share price has travelled sideways over the past decade.
During 2020, Westpac shares fell to a decade low of $13.47 after the worldwide pandemic shocked global markets. Since then, the bank’s shares have somewhat recovered, however, they are still some way off reaching their pre-COVID-19 highs.
Nonetheless, let’s take a look and see how much an investor would have made if they had invested $10,000 in Westpac shares a decade ago.
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