Advertisement
New Zealand markets close in 6 hours 20 minutes
  • NZX 50

    11,831.98
    -40.66 (-0.34%)
     
  • NZD/USD

    0.6166
    -0.0021 (-0.35%)
     
  • ALL ORDS

    8,002.50
    +39.40 (+0.49%)
     
  • OIL

    77.79
    -0.83 (-1.06%)
     
  • GOLD

    2,318.70
    +0.70 (+0.03%)
     

Beat the Nasdaq? This Dividend Stock Has Actually Done It.

Beat the Nasdaq? This Dividend Stock Has Actually Done It.

Led by some of the best companies on the planet, the Nasdaq Composite has created significant wealth in recent years: A $10,000 investment in the benchmark made 10 years ago would now be worth $41,000 with dividends reinvested. As impressive as this wealth creation has been, there are plenty of individual stocks that have trounced the Nasdaq. Turning a $10,000 investment from 10 years ago into $53,000 with dividends reinvested, Visa (NYSE: V) is one such stock with a track record of outperformance.