 |
 Video: What is a Stock Split?
|
|
|
| Fidelity National Financial is a holding company. Through its subsidiaries, Co. is a provider of title insurance, escrow and other title-related services, including trust activities, trustee sales guarantees, recordings and reconveyances and home warranty products and transaction services to the real estate and mortgage industries. Through its subsidiary, ServiceLink Holdings, LLC, Co. provides mortgage transaction services including title-related services and facilitation of production and management of mortgage loans. Co. is also a provider of insurance solutions serving retail annuity and life customers and institutional clients through its subsidiary, F&G Annuities & Life, Inc. According to our FNF split history records, Fidelity National Financial has had 14 splits. | |
|
Fidelity National Financial (FNF) has 14 splits in our FNF split history database. The first split for FNF took place on March 31, 1992. This was a 4 for 3
split, meaning for each 3
shares of FNF owned pre-split, the shareholder now owned 4 shares. For example, a 1000 share position pre-split, became a 1333.33333333333 share position following the split. FNF's second split took place on February 04, 1993. This was a 3 for 2
split, meaning for each 2
shares of FNF owned pre-split, the shareholder now owned 3 shares. For example, a 1333.33333333333 share position pre-split, became a 2000 share position following the split. FNF's third split took place on December 27, 1993. This was a 3 for 2
split, meaning for each 2
shares of FNF owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 3000 share position following the split. FNF's 4th split took place on December 19, 1996. This was a 11 for 10
split, meaning for each 10
shares of FNF owned pre-split, the shareholder now owned 11 shares. For example, a 3000 share position pre-split, became a 3300 share position following the split. FNF's 5th split took place on December 24, 1997. This was a 11 for 10
split, meaning for each 10
shares of FNF owned pre-split, the shareholder now owned 11 shares. For example, a 3300 share position pre-split, became a 3630 share position following the split. FNF's 6th split took place on December 23, 1998. This was a 11 for 10
split, meaning for each 10
shares of FNF owned pre-split, the shareholder now owned 11 shares. For example, a 3630 share position pre-split, became a 3993 share position following the split. FNF's 7th split took place on August 07, 2001. This was a 11 for 10 split, meaning for each 10 shares of FNF owned pre-split, the shareholder now owned 11 shares. For example, a 3993 share position pre-split, became a 4392.3 share position following the split. FNF's 8th split took place on May 07, 2002. This was a 11 for 10 split, meaning for each 10 shares of FNF owned pre-split, the shareholder now owned 11 shares. For example, a 4392.3 share position pre-split, became a 4831.53 share position following the split. FNF's 9th split took place on May 27, 2003. This was a 5 for 4 split, meaning for each 4 shares of FNF owned pre-split, the shareholder now owned 5 shares. For example, a 4831.53 share position pre-split, became a 6039.4125 share position following the split. FNF's 10th split took place on February 10, 2004. This was a 11 for 10 split, meaning for each 10 shares of FNF owned pre-split, the shareholder now owned 11 shares. For example, a 6039.4125 share position pre-split, became a 6643.35375 share position following the split. FNF's 11th split took place on October 25, 2006. This was a 207 for 100 split, meaning for each 100 shares of FNF owned pre-split, the shareholder now owned 207 shares. For example, a 6643.35375 share position pre-split, became a 13751.7422625 share position following the split. FNF's 12th split took place on July 01, 2014. This was a 1216 for 1000 split, meaning for each 1000 shares of FNF owned pre-split, the shareholder now owned 1216 shares. For example, a 13751.7422625 share position pre-split, became a 16722.1185912 share position following the split. FNF's 13th split took place on October 02, 2017. This was a 1385 for 1000 split, meaning for each 1000 shares of FNF owned pre-split, the shareholder now owned 1385 shares. For example, a 16722.1185912 share position pre-split, became a 23160.134248812 share position following the split. FNF's 14th split took place on December 01, 2022. This was a 104 for 100 split, meaning for each 100 shares of FNF owned pre-split, the shareholder now owned 104 shares. For example, a 23160.134248812 share position pre-split, became a 24086.5396187645 share position following the split.
When a company such as Fidelity National Financial 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 FNF split history from start to finish, an original position size of 1000 shares would have turned into 24086.5396187645 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Fidelity National Financial shares, starting with a $10,000 purchase of FNF, presented on a split-history-adjusted basis factoring in the complete FNF split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
04/28/2014 |
|
| End date: |
04/24/2024 |
|
| Start price/share: |
$17.92 |
|
| End price/share: |
$50.64 |
|
| Starting shares: |
558.04 |
|
| Ending shares: |
775.06 |
|
| Dividends reinvested/share: |
$11.50 |
|
| Total return: |
292.49% |
|
| Average Annual Total Return: |
14.66% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$39,260.57 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
04/28/2014 |
|
| End date: |
04/24/2024 |
|
| Start price/share: |
$17.92 |
|
| End price/share: |
$50.64 |
|
| Dividends collected/share: |
$11.50 |
|
| Total return: |
246.76% |
|
| Average Annual Total Return: |
13.24% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$34,661.76 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 03/31/1992 | 4 for 3
| | 02/04/1993 | 3 for 2
| | 12/27/1993 | 3 for 2
| | 12/19/1996 | 11 for 10
| | 12/24/1997 | 11 for 10
| | 12/23/1998 | 11 for 10
| | 08/07/2001 | 11 for 10 | | 05/07/2002 | 11 for 10 | | 05/27/2003 | 5 for 4 | | 02/10/2004 | 11 for 10 | | 10/25/2006 | 207 for 100 | | 07/01/2014 | 1216 for 1000 | | 10/02/2017 | 1385 for 1000 | | 12/01/2022 | 104 for 100 |
|
|
Free FNF Email Alerts:
