If You Invested $10,000 In Gaming and Leisure Properties Stock 10 Years Ago, How Much Would You Have Now?
Saturday, Dec 14, 2024 11:08 am ET
3min read In the ever-evolving world of investing, it's fascinating to look back and see how a seemingly modest investment can grow over time. Let's explore what would have happened if you invested $10,000 in Gaming and Leisure Properties (GLPI) stock a decade ago.
Gaming and Leisure Properties, Inc. is a real estate investment trust (REIT) that specializes in acquiring, financing, and owning real estate properties to be leased to gaming operators in triple-net lease arrangements. The company has a strong track record of dividend growth and capital appreciation, making it an attractive investment option for income-oriented investors.
To illustrate the potential growth of your investment, let's assume you bought GLPI stock at its 52-week low of $41.80 in 2014 and held it until the current stock price of $50.09 in 2024. Additionally, let's consider the impact of GLPI's dividend growth on your overall return.
First, let's calculate the capital appreciation of your investment. Using the formula [(Final Price - Initial Price) / Initial Price] * 100, we find that the annualized return on investment (ROI) for GLPI stock over the past decade is approximately 19.86%. This means that your initial $10,000 investment would have grown to around $25,000, assuming you reinvested all dividends.
Now, let's examine the impact of GLPI's dividend growth on your total returns. In 2014, GLPI's annual dividend per share was $0.50. By 2024, the annual dividend had grown to $3.04, representing a compound annual growth rate (CAGR) of approximately 17.5%. Assuming you reinvested all dividends, your initial $10,000 investment would have grown to around $25,000, with dividends accounting for approximately $10,000 of that total.
In conclusion, investing $10,000 in Gaming and Leisure Properties stock a decade ago could have resulted in a significant return, driven by both capital appreciation and dividend reinvestment. GLPI's strong dividend growth and consistent stock performance make it an attractive investment option for income-oriented investors seeking long-term growth and sustainability.
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
