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 Video: What is a Stock Split?
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| Boardwalk Pipeline Partners is a partnership holding company that operates in the midstream portion of the natural gas and natural gas liquids and other hydrocarbons (NGLs) industry, providing transportation and storage for those commodities. At Dec 31 2016, Co. owned about 14,365 miles of natural gas and NGLs pipelines and underground storage caverns. Co.'s natural gas pipeline systems are located in the Gulf Coast region, Oklahoma, Arkansas and in the states of Tennessee, Kentucky, Illinois, Indiana and Ohio. Co.'s customers include producers of natural gas, local distribution companies, marketers, electric power generators, industrial users and interstate and intrastate pipelines. According to our BWP split history records, BWP has had 1 split. | |
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BWP (BWP) has 1 split in our BWP split history database. The split for BWP took place on March 06, 1995. This was a 206 for 100
split, meaning for each 100
shares of BWP owned pre-split, the shareholder now owned 206 shares. For example, a 1000 share position pre-split, became a 2060 share position following the split.
When a company such as BWP splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the BWP split history from start to finish, an original position size of 1000 shares would have turned into 2060 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BWP shares, starting with a $10,000 purchase of BWP, presented on a split-history-adjusted basis factoring in the complete BWP split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
07/18/2018 |
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| Start price/share: |
$16.01 |
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| End price/share: |
$12.05 |
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| Starting shares: |
624.61 |
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| Ending shares: |
700.57 |
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| Dividends reinvested/share: |
$1.70 |
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| Total return: |
-15.58% |
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| Average Annual Total Return: |
-3.91% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,443.77 |
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| Years: |
4.24 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
07/18/2018 |
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| Start price/share: |
$16.01 |
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| End price/share: |
$12.05 |
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| Dividends collected/share: |
$1.70 |
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| Total return: |
-14.12% |
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| Average Annual Total Return: |
-3.52% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,590.08 |
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| Years: |
4.24 |
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| Date |
Ratio |
| 03/06/1995 | 206 for 100
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