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 Video: What is a Stock Split?
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| Andersons is engaged in agriculture. Co. focuses on the North American agricultural supply chain. Co.'s operations are classified into three business segments: Trade, which is a business focusing on logistics and merchandising across a range of commodities; Renewables, which produces, purchases and sells ethanol and co-products, provides facility operations, risk management, and ethanol and co-products marketing services to the ethanol plants it invests in and operates; and Plant Nutrient, which is a manufacturer, distributor and retailer of agricultural and related plant nutrients, corncob-based products, and pelleted lime and gypsum products in the U.S. Corn Belt and Puerto Rico. According to our ANDE split history records, Andersons has had 2 splits. | |
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Andersons (ANDE) has 2 splits in our ANDE split history database. The first split for ANDE took place on June 29, 2006. This was a 2 for 1 split, meaning for each share of ANDE 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. ANDE's second split took place on February 19, 2014. This was a 3 for 2 split, meaning for each 2 shares of ANDE 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.
When a company such as Andersons 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 ANDE split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Andersons shares, starting with a $10,000 purchase of ANDE, presented on a split-history-adjusted basis factoring in the complete ANDE split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$61.66 |
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| End price/share: |
$49.84 |
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| Starting shares: |
162.18 |
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| Ending shares: |
199.69 |
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| Dividends reinvested/share: |
$6.78 |
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| Total return: |
-0.47% |
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| Average Annual Total Return: |
-0.05% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,950.11 |
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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: |
10/07/2014 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$61.66 |
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| End price/share: |
$49.84 |
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| Dividends collected/share: |
$6.78 |
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| Total return: |
-8.17% |
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| Average Annual Total Return: |
-0.85% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,181.79 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 06/29/2006 | 2 for 1 | | 02/19/2014 | 3 for 2 |
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