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 Video: What is a Stock Split?
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| HF Financial is a bank holding company. Through its subsidiary, Home Federal Bank (the Bank), Co. provides consumer and commercial business banking, including a range of financial products and services. The Bank accepts deposits from the public and uses such deposits, together with borrowings and other funds, to originate one- to four-family residential loans, commercial business loans, agriculture loans, consumer loans, multi-family and commercial real estate loans and construction loans. The Bank's primary market area includes communities located in eastern and central South Dakota. At June 30 2015, Co. had total assets of $1.19 billion and total deposits of $963.2 million. According to our HFFC split history records, HFFC has had 4 splits. | |
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HFFC (HFFC) has 4 splits in our HFFC split history database. The first split for HFFC took place on February 01, 1996. This was a 2 for 1
split, meaning for each share of HFFC 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. HFFC's second split took place on June 01, 1998. This was a 3 for 2
split, meaning for each 2
shares of HFFC 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. HFFC's third split took place on December 01, 2003. This was a 11 for 10 split, meaning for each 10 shares of HFFC 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. HFFC's 4th split took place on April 06, 2006. This was a 11 for 10 split, meaning for each 10 shares of HFFC 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.
When a company such as HFFC 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 HFFC split history from start to finish, an original position size of 1000 shares would have turned into 3630 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into HFFC shares, starting with a $10,000 purchase of HFFC, presented on a split-history-adjusted basis factoring in the complete HFFC 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: |
05/16/2016 |
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| Start price/share: |
$13.60 |
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| End price/share: |
$19.64 |
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| Starting shares: |
735.29 |
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| Ending shares: |
786.05 |
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| Dividends reinvested/share: |
$1.02 |
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| Total return: |
54.38% |
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| Average Annual Total Return: |
23.36% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,438.09 |
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| Years: |
2.07 |
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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: |
05/16/2016 |
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| Start price/share: |
$13.60 |
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| End price/share: |
$19.64 |
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| Dividends collected/share: |
$1.02 |
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| Total return: |
51.89% |
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| Average Annual Total Return: |
22.39% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,188.04 |
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| Years: |
2.07 |
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| Date |
Ratio |
| 02/01/1996 | 2 for 1
| | 06/01/1998 | 3 for 2
| | 12/01/2003 | 11 for 10 | | 04/06/2006 | 11 for 10 |
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