 |
 Video: What is a Stock Split?
|
|
|
| Brookfield Infrastructure Partners owns and operates assets in the utilities, transport, midstream and data sectors. Co.'s utilities segment is comprised of businesses from which it earns a return on a regulated or notionally stipulated asset base. These include regulated transmission (natural gas and electricity) and commercial and residential distribution (electricity, district energy and natural gas connections) operations. Co.'s transport segment is comprised of infrastructure assets that provide transportation, storage and handling services merchandise goods, commodities and passengers. This operating segment is comprised of businesses, such as Co.'s rail and toll road operations. According to our BIP split history records, Brookfield Infrastructure Partners LP has had 5 splits. | |
|
Brookfield Infrastructure Partners LP (BIP) has 5 splits in our BIP split history database. The first split for BIP took place on September 15, 2016. This was a 3 for 2 split, meaning for each 2 shares of BIP 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. BIP's second split took place on September 01, 2016. BIP's third split took place on March 30, 2020. BIP's 4th split took place on March 31, 2020. This was a 112 for 100 split, meaning for each 100 shares of BIP owned pre-split, the shareholder now owned 112 shares. For example, a 1500 share position pre-split, became a 1680 share position following the split. BIP's 5th split took place on June 13, 2022. This was a 3 for 2 split, meaning for each 2 shares of BIP owned pre-split, the shareholder now owned 3 shares. For example, a 1680 share position pre-split, became a 2520 share position following the split.
When a company such as Brookfield Infrastructure Partners LP 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 BIP split history from start to finish, an original position size of 1000 shares would have turned into 2520 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Brookfield Infrastructure Partners LP shares, starting with a $10,000 purchase of BIP, presented on a split-history-adjusted basis factoring in the complete BIP split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
12/02/2013 |
|
| End date: |
11/28/2023 |
|
| Start price/share: |
$15.15 |
|
| End price/share: |
$26.49 |
|
| Starting shares: |
660.07 |
|
| Ending shares: |
994.53 |
|
| Dividends reinvested/share: |
$10.51 |
|
| Total return: |
163.45% |
|
| Average Annual Total Return: |
10.18% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$26,350.99 |
|
| Years: |
9.99 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
12/02/2013 |
|
| End date: |
11/28/2023 |
|
| Start price/share: |
$15.15 |
|
| End price/share: |
$26.49 |
|
| Dividends collected/share: |
$10.51 |
|
| Total return: |
144.25% |
|
| Average Annual Total Return: |
9.35% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$24,432.91 |
|
| Years: |
9.99 |
|
|
|
| Date |
Ratio |
| 09/15/2016 | 3 for 2 | | 09/01/2016 | 1 for 1 | | 03/30/2020 | 1 for 1 | | 03/31/2020 | 112 for 100 | | 06/13/2022 | 3 for 2 |
|
|
Free BIP Email Alerts:
