 |
 Video: What is a Stock Split?
|
|
|
| Boise Cascade is a manufacturer and distributor of building materials. Co. has two reportable segments: Wood Products and Building Materials Distribution (BMD). In its Wood Products segment, Co. manufactures laminated veneer lumber, I-joists, and laminated beams (collectively, EWP). In addition, Co. manufactures structural, appearance, and industrial plywood panels, and ponderosa pine lumber. Co.'s BMD segment operates a nationwide network of distribution facilities that sell a line of building materials, including oriented strand board, plywood, and lumber; general line items such as siding, composite decking, doors, metal products, insulation, and roofing; and EWP. According to our BCC split history records, Boise Cascade has had 1 split. | |
|
Boise Cascade (BCC) has 1 split in our BCC split history database. The split for BCC took place on January 19, 1988. This was a 5 for 3
split, meaning for each 3
shares of BCC owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1666.66666666667 share position following the split.
When a company such as Boise Cascade 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 BCC split history from start to finish, an original position size of 1000 shares would have turned into 1666.66666666667 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Boise Cascade shares, starting with a $10,000 purchase of BCC, presented on a split-history-adjusted basis factoring in the complete BCC split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
10/07/2014 |
|
| End date: |
10/04/2024 |
|
| Start price/share: |
$29.35 |
|
| End price/share: |
$138.90 |
|
| Starting shares: |
340.72 |
|
| Ending shares: |
506.71 |
|
| Dividends reinvested/share: |
$28.48 |
|
| Total return: |
603.82% |
|
| Average Annual Total Return: |
21.55% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$70,396.27 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
10/07/2014 |
|
| End date: |
10/04/2024 |
|
| Start price/share: |
$29.35 |
|
| End price/share: |
$138.90 |
|
| Dividends collected/share: |
$28.48 |
|
| Total return: |
470.29% |
|
| Average Annual Total Return: |
19.02% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$57,042.62 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 01/19/1988 | 5 for 3
|
|
|
Free BCC Email Alerts:
