 |
 Video: What is a Stock Split?
|
|
|
| Truist Financial is a financial holding company. Through its subsidiary, Branch Banking and Trust Company, Co. provides banking services to individuals, businesses and municipalities. Co. provides loans and lease financing, including commercial and residential mortgages; permanent commercial real estate financing arrangements; loan servicing for third-party investors; direct consumer finance loans to individuals; credit card lending; automobile financing; and equipment financing. Co. also provides other services, including deposits; discount and brokerage, annuities and mutual funds; life insurance, property and casualty insurance, health insurance and commercial general liability insurance. According to our BBT split history records, BBT has had 1 split. | |
|
BBT (BBT) has 1 split in our BBT split history database. The split for BBT took place on August 04, 1998. This was a 2 for 1
split, meaning for each share of BBT 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 BBT 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 BBT 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 BBT shares, starting with a $10,000 purchase of BBT, presented on a split-history-adjusted basis factoring in the complete BBT split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
05/01/2015 |
|
| End date: |
12/06/2019 |
|
| Start price/share: |
$38.46 |
|
| End price/share: |
$54.24 |
|
| Starting shares: |
260.01 |
|
| Ending shares: |
300.50 |
|
| Dividends reinvested/share: |
$6.49 |
|
| Total return: |
62.99% |
|
| Average Annual Total Return: |
11.20% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$16,300.78 |
|
| Years: |
4.60 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
05/01/2015 |
|
| End date: |
12/06/2019 |
|
| Start price/share: |
$38.46 |
|
| End price/share: |
$54.24 |
|
| Dividends collected/share: |
$6.49 |
|
| Total return: |
57.90% |
|
| Average Annual Total Return: |
10.43% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$15,787.69 |
|
| Years: |
4.60 |
|
|
|
| Date |
Ratio |
| 08/04/1998 | 2 for 1
|
|
|
Free BBT Email Alerts:
