Benzinga | Oct 29, 2021 12:09PM EDT

$100 Invested In This Stock Over The Last 5 Years, Would Be Worth This Much

Ares Management (NYSE:ARES) has outperformed the market over the past 90 days by 12.68%, generating a 16.47% 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 Ares Management has been paying out a regular cash dividend every year over the past 5 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.

Calculating $100 Cash Growth Since 2016

If you had invested $100 in Ares Management you would have approximately $669.2 today.

In other words, you would have more than 60X'd your money.

By looking at the price chart of ARES's common stock one can see that price appreciation alone misses a fair bit of value if one's considering holding the stock for a long period of time. This is the case for other equities too; check out all Benzinga's dividend data here or in an enhanced view on Benzinga Pro.