 |
 Video: What is a Stock Split?
|
|
|
| BGC Partners is a holding company. Through its subsidiaries, Co. is a financial brokerage and technology company. Through brands including BGC®, GFI®, Sunrise Brokers™, Poten & Partners®, RP Martin™ and Fenics® among others, Co. engages in the brokerage of a range of products, including fixed income such as government bonds, corporate bonds, and other debt instruments, as well as related interest rate derivatives and credit derivatives. Co. provides broker products across foreign exchange, equity derivatives and cash equities, energy and commodities, shipping and futures and options. Co. also provides other services, including trade execution, connectivity solutions, and brokerage services According to our BGCP split history records, BGCP has had 1 split. | |
|
BGCP (BGCP) has 1 split in our BGCP split history database. The split for BGCP took place on December 03, 2018. This was a 1555 for 1000 split, meaning for each 1000 shares of BGCP owned pre-split, the shareholder now owned 1555 shares. For example, a 1000 share position pre-split, became a 1555 share position following the split.
When a company such as BGCP 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 BGCP split history from start to finish, an original position size of 1000 shares would have turned into 1555 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BGCP shares, starting with a $10,000 purchase of BGCP, presented on a split-history-adjusted basis factoring in the complete BGCP split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
04/30/2015 |
|
| End date: |
06/30/2023 |
|
| Start price/share: |
$6.46 |
|
| End price/share: |
$4.43 |
|
| Starting shares: |
1,547.99 |
|
| Ending shares: |
2,295.28 |
|
| Dividends reinvested/share: |
$2.41 |
|
| Total return: |
1.68% |
|
| Average Annual Total Return: |
0.20% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$10,164.63 |
|
| Years: |
8.17 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
04/30/2015 |
|
| End date: |
06/30/2023 |
|
| Start price/share: |
$6.46 |
|
| End price/share: |
$4.43 |
|
| Dividends collected/share: |
$2.41 |
|
| Total return: |
5.91% |
|
| Average Annual Total Return: |
0.71% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$10,595.25 |
|
| Years: |
8.17 |
|
|
|
| Date |
Ratio |
| 12/03/2018 | 1555 for 1000 |
|
|
Free BGCP Email Alerts:
