 |
 Video: What is a Stock Split?
|
|
|
| Air Lease Corporation is an aircraft leasing company. Co. is principally engaged in purchasing the technology commercial jet aircraft directly from aircraft manufacturers, such as Airbus S.A.S. (Airbus) and The Boeing Co. (Boeing) and leasing those aircraft to airlines throughout the world. In addition to its leasing activities, the Co. sells aircraft from its fleet to third parties, including other leasing companies, financial services companies, airlines and other investors. Co. also provide fleet management services to investors and owners of aircraft portfolios for a management fee. According to our AL split history records, Air Lease has had 2 splits. | |
|
Air Lease (AL) has 2 splits in our AL split history database. The first split for AL took place on June 02, 1987. This was a 3 for 2
split, meaning for each 2
shares of AL owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. AL's second split took place on June 12, 1989. This was a 3 for 2
split, meaning for each 2
shares of AL owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split.
When a company such as Air Lease 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 AL split history from start to finish, an original position size of 1000 shares would have turned into 2250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Air Lease shares, starting with a $10,000 purchase of AL, presented on a split-history-adjusted basis factoring in the complete AL split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
01/23/2015 |
|
| End date: |
01/21/2025 |
|
| Start price/share: |
$34.55 |
|
| End price/share: |
$47.37 |
|
| Starting shares: |
289.44 |
|
| Ending shares: |
332.90 |
|
| Dividends reinvested/share: |
$5.38 |
|
| Total return: |
57.69% |
|
| Average Annual Total Return: |
4.66% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$15,771.08 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
01/23/2015 |
|
| End date: |
01/21/2025 |
|
| Start price/share: |
$34.55 |
|
| End price/share: |
$47.37 |
|
| Dividends collected/share: |
$5.38 |
|
| Total return: |
52.68% |
|
| Average Annual Total Return: |
4.32% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$15,266.03 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 06/02/1987 | 3 for 2
| | 06/12/1989 | 3 for 2
|
|
|
Free AL Email Alerts:
