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Benzinga
Benzinga
Business
Benzinga Insights

If You Invested $1000 In Sociedad Quimica Y Minera 20 Years Ago, Here's How Much You Would Have Today

Sociedad Quimica Y Minera (NYSE:SQM) has outperformed the market over the past 20 years by 12.59% on an annualized basis producing an average annual return of 19.8%. Currently, Sociedad Quimica Y Minera has a market capitalization of $25.22 billion.

Buying $1000 In SQM: If an investor had bought $1000 of SQM stock 20 years ago, it would be worth $37,570.21 today based on a price of $88.29 for SQM at the time of writing.

Sociedad Quimica Y Minera'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.

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