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Video: What is a Stock Split?
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The Allstate Corporation is a holding company for Allstate Insurance Co.. Co.'s business is conducted principally through Allstate Insurance Co. and other subsidiaries. It is primarily engaged in the property and casualty insurance business in the U.S. and Canada. It operates through five segments: Allstate Protection, Protection Services, Allstate Health and Benefits, Run-off Property-Liability, and Corporate & Other. The Allstate Protection segment offers private passenger auto, homeowners, other personal lines, and commercial insurance through agents, contact centers and online. According to our ALL split history records, Allstate has had 1 split. | |
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Allstate (ALL) has 1 split in our ALL split history database. The split for ALL took place on July 02, 1998. This was a 2 for 1
split, meaning for each share of ALL 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 Allstate 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 ALL 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 Allstate shares, starting with a $10,000 purchase of ALL, presented on a split-history-adjusted basis factoring in the complete ALL split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
12/16/2014 |
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End date: |
12/13/2024 |
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Start price/share: |
$67.21 |
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End price/share: |
$196.26 |
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Starting shares: |
148.79 |
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Ending shares: |
185.10 |
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Dividends reinvested/share: |
$23.88 |
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Total return: |
263.28% |
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Average Annual Total Return: |
13.77% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$36,331.02 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/16/2014 |
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End date: |
12/13/2024 |
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Start price/share: |
$67.21 |
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End price/share: |
$196.26 |
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Dividends collected/share: |
$23.88 |
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Total return: |
227.54% |
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Average Annual Total Return: |
12.60% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$32,763.02 |
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Years: |
10.00 |
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Date |
Ratio |
07/02/1998 | 2 for 1
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