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Video: What is a Stock Split?
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Becton, Dickinson and Company is a medical technology company engaged in the development, manufacture and sale of a range of medical supplies, devices, laboratory equipment and diagnostic products. Co.'s operations consist of three business segments: BD Medical, which produces an array of medical technologies and devices that are used to help improve healthcare delivery in a range of settings; BD Life Sciences, which provides products for the safe collection and transport of diagnostics specimens, and instruments and reagent systems; and BD Interventional, which provides vascular, urology, oncology and surgical products. According to our BDX split history records, Becton Dickinson and has had 5 splits. | |
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Becton Dickinson and (BDX) has 5 splits in our BDX split history database. The first split for BDX took place on March 03, 1986. This was a 2 for 1
split, meaning for each share of BDX 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. BDX's second split took place on March 01, 1993. This was a 2 for 1
split, meaning for each share of BDX 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. BDX's third split took place on August 16, 1996. This was a 2 for 1
split, meaning for each share of BDX 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. BDX's 4th split took place on August 21, 1998. This was a 2 for 1
split, meaning for each share of BDX owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split. BDX's 5th split took place on April 01, 2022. This was a 1025 for 1000 split, meaning for each 1000 shares of BDX owned pre-split, the shareholder now owned 1025 shares. For example, a 16000 share position pre-split, became a 16400 share position following the split.
When a company such as Becton Dickinson and 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 BDX split history from start to finish, an original position size of 1000 shares would have turned into 16400 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Becton Dickinson and shares, starting with a $10,000 purchase of BDX, presented on a split-history-adjusted basis factoring in the complete BDX split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
10/09/2014 |
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End date: |
10/07/2024 |
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Start price/share: |
$124.82 |
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End price/share: |
$237.46 |
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Starting shares: |
80.12 |
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Ending shares: |
92.67 |
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Dividends reinvested/share: |
$30.90 |
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Total return: |
120.05% |
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Average Annual Total Return: |
8.20% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$21,997.15 |
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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: |
10/09/2014 |
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End date: |
10/07/2024 |
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Start price/share: |
$124.82 |
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End price/share: |
$237.46 |
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Dividends collected/share: |
$30.90 |
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Total return: |
115.00% |
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Average Annual Total Return: |
7.95% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$21,494.01 |
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Years: |
10.00 |
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Date |
Ratio |
03/03/1986 | 2 for 1
| 03/01/1993 | 2 for 1
| 08/16/1996 | 2 for 1
| 08/21/1998 | 2 for 1
| 04/01/2022 | 1025 for 1000 |
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