Benzinga | Oct 28, 2021 12:07PM EDT

Here's How Much $100 Invested In PACCAR 15 Years Ago Would Be Worth Today

PACCAR (NASDAQ:PCAR) has outperformed the market over the past 90 days by 5.51%, generating a 9.31% return for its investors over the time period. Now, given this information, it may seem like price appreciation alone is the best way to have made money on this stock, that's not actually the case.

This is because PACCAR has been paying out a regular cash dividend every year over the past 15 years. Investors who fail to account for dividends are missing a key ingredient in calculating a stock's profitability over time.

The following chart shows how your money would have grown over the years, with and without re-investing dividends.

Visualizing PACCAR's Return Over Last 15 Years

If you had invested $100 in PACCAR you would have approximately $277.13 today.

In other words, you would have more than doubled your money.

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

You can check out Benzinga's dividend data here or in an enhanced view on Benzinga Pro