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 Video: What is a Stock Split?
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| Bank of South Carolina is a bank holding company. Through its subsidiary, The Bank of South Carolina, Co. operates as a commercial bank providing a range of financial services and products to the Charleston - North Charleston metro area, which includes Charleston, Berkeley, and Dorchester counties. Co. focuses its lending activities on small and middle market businesses, personnel and individuals in its geographic markets. Co.'s primary lending activities are for commercial, commercial real estate, and consumer purposes, with the primary category being commercial real estate. Majority of Co.'s lending activity is to borrowers within its market area. According to our BKSC split history records, BKSC has had 8 splits. | |
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BKSC (BKSC) has 8 splits in our BKSC split history database. The first split for BKSC took place on May 16, 1997. This was a 2 for 1
split, meaning for each share of BKSC 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. BKSC's second split took place on April 28, 1998. This was a 11 for 10
split, meaning for each 10
shares of BKSC owned pre-split, the shareholder now owned 11 shares. For example, a 2000 share position pre-split, became a 2200 share position following the split. BKSC's third split took place on June 26, 2003. This was a 11 for 10 split, meaning for each 10 shares of BKSC owned pre-split, the shareholder now owned 11 shares. For example, a 2200 share position pre-split, became a 2420 share position following the split. BKSC's 4th split took place on April 27, 2005. This was a 11 for 10 split, meaning for each 10 shares of BKSC owned pre-split, the shareholder now owned 11 shares. For example, a 2420 share position pre-split, became a 2662 share position following the split. BKSC's 5th split took place on May 16, 2006. This was a 5 for 4 split, meaning for each 4 shares of BKSC owned pre-split, the shareholder now owned 5 shares. For example, a 2662 share position pre-split, became a 3327.5 share position following the split. BKSC's 6th split took place on September 08, 2010. This was a 11 for 10 split, meaning for each 10 shares of BKSC owned pre-split, the shareholder now owned 11 shares. For example, a 3327.5 share position pre-split, became a 3660.25 share position following the split. BKSC's 7th split took place on April 26, 1996. This was a 11 for 10 split, meaning for each 10 shares of BKSC owned pre-split, the shareholder now owned 11 shares. For example, a 3660.25 share position pre-split, became a 4026.275 share position following the split. BKSC's 8th split took place on April 27, 2018. This was a 11 for 10 split, meaning for each 10 shares of BKSC owned pre-split, the shareholder now owned 11 shares. For example, a 4026.275 share position pre-split, became a 4428.9025 share position following the split.
When a company such as BKSC 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 BKSC split history from start to finish, an original position size of 1000 shares would have turned into 4428.9025 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BKSC shares, starting with a $10,000 purchase of BKSC, presented on a split-history-adjusted basis factoring in the complete BKSC split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
01/27/2015 |
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| End date: |
01/23/2025 |
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| Start price/share: |
$13.57 |
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| End price/share: |
$13.20 |
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| Starting shares: |
736.92 |
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| Ending shares: |
1,091.30 |
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| Dividends reinvested/share: |
$6.44 |
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| Total return: |
44.05% |
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| Average Annual Total Return: |
3.72% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,407.27 |
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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: |
01/27/2015 |
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| End date: |
01/23/2025 |
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| Start price/share: |
$13.57 |
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| End price/share: |
$13.20 |
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| Dividends collected/share: |
$6.44 |
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| Total return: |
44.71% |
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| Average Annual Total Return: |
3.77% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,476.85 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 05/16/1997 | 2 for 1
| | 04/28/1998 | 11 for 10
| | 06/26/2003 | 11 for 10 | | 04/27/2005 | 11 for 10 | | 05/16/2006 | 5 for 4 | | 09/08/2010 | 11 for 10 | | 04/26/1996 | 11 for 10 | | 04/27/2018 | 11 for 10 |
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