RE: Dividend payment today26 Nov 2023 10:25
LTI
Tesco's share price is currently hitting 10-year highs when adjusted for dividends. On November 24, 2023, the adjusted share price reached 283.80p, which is the highest it has been since December 2013. This is due to a number of factors, including strong financial performance, a focus on cost savings, and a successful expansion into new markets.
Here is a table of Tesco's share price over the past 10 years:
Year Share Price (p) Adjusted Share Price (p)
2023 283.80 283.80
2022 256.10 267.53
2021 226.50 244.17
2020 182.60 195.23
2019 240.00 267.54
2018 330.80 388.82
2017 274.00 328.82
2016 183.60 222.64
2015 143.20 176.64
2014 285.60 359.52
As you can see, the adjusted share price has been on an upward trend for the past three years. This is a positive sign for the company, and it suggests that investors are confident in Tesco's future prospects.