 |
 Video: What is a Stock Split?
|
|
|
| Brunswick Corporation designs, manufactures and markets recreational marine products, including marine propulsion products and boats, as well as parts and accessories for the marine and RV markets. Its segments include Propulsion, Engine Parts and Accessories (Engine P&A), Navico Group and Boat. The Propulsion segment designs, manufactures and sells engines, controls, rigging, and propellers globally. The Engine P&A segment sells products such as engine parts and consumables including oils and lubricants, electrical products, boat parts and systems, and also includes its marine parts and accessories distribution businesses. According to our BC split history records, Brunswick has had 4 splits. | |
|
Brunswick (BC) has 4 splits in our BC split history database. The first split for BC took place on November 16, 1983. This was a 2 for 1
split, meaning for each share of BC 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. BC's second split took place on February 18, 1986. This was a 2 for 1
split, meaning for each share of BC owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. BC's third split took place on June 10, 1987. This was a 2 for 1
split, meaning for each share of BC owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. BC's 4th split took place on February 16, 2005.
When a company such as Brunswick 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 BC split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Brunswick shares, starting with a $10,000 purchase of BC, presented on a split-history-adjusted basis factoring in the complete BC split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
01/23/2015 |
|
| End date: |
01/21/2025 |
|
| Start price/share: |
$51.72 |
|
| End price/share: |
$69.25 |
|
| Starting shares: |
193.35 |
|
| Ending shares: |
225.34 |
|
| Dividends reinvested/share: |
$10.48 |
|
| Total return: |
56.05% |
|
| Average Annual Total Return: |
4.55% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$15,606.06 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
01/23/2015 |
|
| End date: |
01/21/2025 |
|
| Start price/share: |
$51.72 |
|
| End price/share: |
$69.25 |
|
| Dividends collected/share: |
$10.48 |
|
| Total return: |
54.16% |
|
| Average Annual Total Return: |
4.42% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$15,413.04 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 11/16/1983 | 2 for 1
| | 02/18/1986 | 2 for 1
| | 06/10/1987 | 2 for 1
| | 02/16/2005 | 1 for 1 |
|
|
Free BC Email Alerts:
