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 Video: What is a Stock Split?
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| Bancorp of New Jersey is a bank holding company. Co.'s primary business is ownership and supervision of its subsidiary, Bank of New Jersey (the Bank). Co., through the Bank, conducts a commercial banking business, accepting deposits from the general public, including individuals, businesses, non-profit organizations, and governmental units. The Bank makes commercial loans and consumer loans. In addition, the Bank provides other customer services and makes investments in securities, as permitted by law. Co. also provides for the delivery of certain financial products and services to local customers and to a market through the use of mail, telephone, and internet banking. According to our BKJ split history records, BKJ has had 1 split. | |
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BKJ (BKJ) has 1 split in our BKJ split history database. The split for BKJ took place on July 13, 2018. This was a 105 for 100 split, meaning for each 100 shares of BKJ owned pre-split, the shareholder now owned 105 shares. For example, a 1000 share position pre-split, became a 1050 share position following the split.
When a company such as BKJ 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 BKJ split history from start to finish, an original position size of 1000 shares would have turned into 1050 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BKJ shares, starting with a $10,000 purchase of BKJ, presented on a split-history-adjusted basis factoring in the complete BKJ split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
12/31/2019 |
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| Start price/share: |
$9.81 |
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| End price/share: |
$17.89 |
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| Starting shares: |
1,019.37 |
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| Ending shares: |
1,064.51 |
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| Dividends reinvested/share: |
$0.50 |
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| Total return: |
90.44% |
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| Average Annual Total Return: |
13.91% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,041.89 |
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| Years: |
4.95 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
12/31/2019 |
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| Start price/share: |
$9.81 |
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| End price/share: |
$17.89 |
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| Dividends collected/share: |
$0.50 |
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| Total return: |
87.41% |
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| Average Annual Total Return: |
13.54% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,737.97 |
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| Years: |
4.95 |
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| Date |
Ratio |
| 07/13/2018 | 105 for 100 |
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