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 Video: What is a Stock Split?
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| HopFed Bancorp is a bank holding company. Through its subsidiary, Heritage Bank USA, Inc. (the Bank), Co. engaged in the business of accepting deposits and providing mortgage, consumer, construction and commercial loans to the general public through its retail banking offices. The Bank's business activities are primarily limited to western Kentucky and middle and western Tennessee. Co. accepts deposits principally from within its market area by providing competitive rates on its deposit instruments, including money market accounts, passbook savings accounts, individual retirement accounts, and certificates of deposit. According to our HFBC split history records, HFBC has had 1 split. | |
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HFBC (HFBC) has 1 split in our HFBC split history database. The split for HFBC took place on September 28, 2010. This was a 102 for 100 split, meaning for each 100 shares of HFBC owned pre-split, the shareholder now owned 102 shares. For example, a 1000 share position pre-split, became a 1020 share position following the split.
When a company such as HFBC 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 HFBC split history from start to finish, an original position size of 1000 shares would have turned into 1020 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into HFBC shares, starting with a $10,000 purchase of HFBC, presented on a split-history-adjusted basis factoring in the complete HFBC split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/28/2014 |
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| End date: |
07/26/2019 |
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| Start price/share: |
$11.41 |
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| End price/share: |
$19.53 |
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| Starting shares: |
876.42 |
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| Ending shares: |
948.24 |
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| Dividends reinvested/share: |
$1.12 |
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| Total return: |
85.19% |
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| Average Annual Total Return: |
12.46% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,516.77 |
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| Years: |
5.25 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/28/2014 |
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| End date: |
07/26/2019 |
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| Start price/share: |
$11.41 |
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| End price/share: |
$19.53 |
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| Dividends collected/share: |
$1.12 |
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| Total return: |
80.98% |
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| Average Annual Total Return: |
11.97% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,097.38 |
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| Years: |
5.25 |
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| Date |
Ratio |
| 09/28/2010 | 102 for 100 |
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