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Video: What is a Stock Split?
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CBL & Associates Properties is a self-managed and self-administered real estate investment trust. Co. owns, develops, acquires, leases, manages, and operates regional shopping malls, open-air and mixed-use centers, outlet centers, associated centers, community centers, office and other properties. Co.'s properties are located in several states, but are primarily in the southeastern and midwestern U.S. Co. conducts substantially all of its business through CBL & Associates Limited Partnership. Co. also conducts its property management and development activities through its subsidiary, CBL & Associates Management, Inc. According to our CBL split history records, CBL and Associates Properties has had 1 split. | |
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CBL and Associates Properties (CBL) has 1 split in our CBL split history database. The split for CBL took place on June 16, 2005. This was a 2 for 1 split, meaning for each share of CBL owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as CBL and Associates Properties 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 CBL split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CBL and Associates Properties shares, starting with a $10,000 purchase of CBL, presented on a split-history-adjusted basis factoring in the complete CBL split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
11/02/2021 |
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End date: |
04/18/2024 |
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Start price/share: |
$30.00 |
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End price/share: |
$21.34 |
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Starting shares: |
333.33 |
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Ending shares: |
402.21 |
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Dividends reinvested/share: |
$4.85 |
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Total return: |
-14.17% |
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Average Annual Total Return: |
-6.02% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$8,583.41 |
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Years: |
2.46 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
11/02/2021 |
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End date: |
04/18/2024 |
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Start price/share: |
$30.00 |
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End price/share: |
$21.34 |
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Dividends collected/share: |
$4.85 |
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Total return: |
-12.70% |
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Average Annual Total Return: |
-5.37% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$8,730.20 |
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Years: |
2.46 |
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Date |
Ratio |
06/16/2005 | 2 for 1 |
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