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 Video: What is a Stock Split?
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| Bank of Kentucky Financial is a bank holding company. Through its subsidiary, The Bank of Kentucky, Inc. (the Bank), Co. is engaged in the banking business in northern Kentucky and Hamilton county, OH. Loans are provided for various corporate purposes, including financing for commercial and industrial projects, income producing commercial real estate, owner-occupied real estate and construction and land development. The Bank also provides deposit services, including checking, lockbox services and other treasury management services. The Bank also provides fiduciary services and wealth management. As of Dec 31 2013, Co. had total assets of $1.86 billion and total deposits of $1.59 billion. According to our BKYF split history records, BKYF has had 1 split. | |
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BKYF (BKYF) has 1 split in our BKYF split history database. The split for BKYF took place on May 17, 1999. This was a 3 for 2
split, meaning for each 2
shares of BKYF 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.
When a company such as BKYF 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 BKYF split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BKYF shares, starting with a $10,000 purchase of BKYF, presented on a split-history-adjusted basis factoring in the complete BKYF split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
06/19/2015 |
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| Start price/share: |
$46.32 |
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| End price/share: |
$50.99 |
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| Starting shares: |
215.89 |
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| Ending shares: |
218.36 |
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| Dividends reinvested/share: |
$0.54 |
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| Total return: |
11.34% |
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| Annualized Gain: |
16.24% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,134.00 |
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| Years: |
0.70 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
06/19/2015 |
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| Start price/share: |
$46.32 |
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| End price/share: |
$50.99 |
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| Dividends collected/share: |
$0.54 |
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| Total return: |
11.25% |
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| Annualized Gain: |
16.10% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,125.00 |
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| Years: |
0.70 |
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| Date |
Ratio |
| 05/17/1999 | 3 for 2
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