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 Video: What is a Stock Split?
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| Bridge Bancorp is a bank holding company. Through its subsidiary, Co. is engaged in commercial and consumer banking business, including accepting time, savings and demand deposits from the consumers, businesses and local municipalities in its market area. Co. also provides the Certificate of Deposit Account Registry Service and Insured Cash Sweep programs. In addition, Co. provides merchant credit and debit card processing, automated teller machines, cash management services, lockbox processing, online banking services, remote deposit capture, safe deposit boxes, and individual retirement accounts as well as investment services through Bridge Financial Services LLC. According to our BDGE split history records, BDGE has had 1 split. | |
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BDGE (BDGE) has 1 split in our BDGE split history database. The split for BDGE took place on July 26, 2004. This was a 3 for 2 split, meaning for each 2 shares of BDGE owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as BDGE 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 BDGE split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BDGE shares, starting with a $10,000 purchase of BDGE, presented on a split-history-adjusted basis factoring in the complete BDGE split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/09/2014 |
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| End date: |
01/29/2021 |
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| Start price/share: |
$26.22 |
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| End price/share: |
$24.43 |
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| Starting shares: |
381.39 |
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| Ending shares: |
464.45 |
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| Dividends reinvested/share: |
$5.56 |
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| Total return: |
13.47% |
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| Average Annual Total Return: |
2.08% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,348.60 |
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| Years: |
6.15 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/09/2014 |
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| End date: |
01/29/2021 |
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| Start price/share: |
$26.22 |
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| End price/share: |
$24.43 |
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| Dividends collected/share: |
$5.56 |
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| Total return: |
14.38% |
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| Average Annual Total Return: |
2.21% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,437.70 |
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| Years: |
6.15 |
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| Date |
Ratio |
| 07/26/2004 | 3 for 2 |
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