If you invested R10 000 in Investec in 2003, how much money would you have now?

 If you invested R10 000 in Investec in 2003, how much money would you have now?

If you invested R10 000 in Investec in 2003, how much money would you have now?

Spread the love

Overview

Investec is one of the largest financial giants in South Africa today. The group started from humble beginnings in 1974 and quickly grew to become one of the most popular shares listed on the Johannesburg Stock Exchange (JSE) and the London Stock Exchange (LSE).

Investec is an international specialist banking group that offers comprehensive financial and banking services to the United Kingdom, South Africa, Australia, and Israel. Established in 1974, Investec received its banking license in 1980, followed by listing its shares on the JSE in 1986 and the London Stock Exchange in 2002.

Invested trades under the stock symbol “INP” on the JSE and “INVP” on the LSE, with a DLC structure that combines Investec’s separately listed entities into one enterprise. Investec employees hold 10% of the overall shares in the company and there are 696.0 million shares for Investec plc and 318.9 million common shares for Investec limited.

The year-end dividend payment is paid every August after it has been approved by the shareholders during the Annual General Meeting, with interim dividends paid in December every year.

If you invested R10 000 in Investec in 2003, how much money would you have now?

While Investec has been listed on the JSE since 1986 and the LSE since 2002, the earliest share price information is that the market price on the group’s shares was 76.50 ZAR on March 31, 2003.

This means that if you invested R10,000 in Investec shares at this price, you could have purchased 130 shares. Investec share prices are currently R68.56 per share, which means that your investment would be worth 685,600 ZAR.

At the current share price, your investment would have decreased by 10.38% or R79,400 if you had invested in 2003 and held your shares until today.

Liezel Thorne

Liezel is a content writer with a passion for writing about the financial industry and corresponding markets. Her favorite topics include Forex, Stocks and Indices, Cryptocurrencies, and anything relating to trading technology – news, newest and latest tips, tricks, and trends. She has done extensive reviews on brokers, trading platforms (web, desktop, and mobile), and various other concepts involved with trading. As a student of Environmental management, she has a keen interest in geography, environmentalism as well as conservation of both fauna and flora.

Related post