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Construction equipment group Ashtead (AHT), software business Micro Focus (MCRO), investment platform provider Hargreaves Lansdown (HL.) and wealth manager St James’s Place (STJ) have delivered more than 20% compound annual growth in dividends over the past decade. That’s according to new research by AJ Bell Youinvest.
Of those four stocks, Ashtead, Micro Focus and Hargreaves all recorded more than a 500% share price gain over the 10 year period.
The returns are even greater when you run the numbers assuming all dividends were reinvested, demonstrating the benefits of compounding.
Micro Focus’ 773.2% share price gain is turned into a 1,096.5% total return with dividends reinvested. Ashtead’s performance is even better with 906.3% share price increase being elevated to a 1,152.3% total return with dividends reinvested.
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