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 Video: What is a Stock Split?
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| Bob Evans Farms is a producer and distributor of a variety of home-style refrigerated side dishes, pork sausage and frozen food items. Co. sells its retail food products under the Bob Evans, Owens and Country Creek and Pineland brand names, and selectively manufacture products for its retail customers' own private-label brand names. Co.'s food products include complementary, convenience food items in the refrigerated and frozen areas of grocery stores such as mashed potatoes, and diced and shredded breakfast potatoes, among others. Co. also provides a variety of branded fresh, smoked and fully cooked pork and turkey sausage, ham and hickory-smoked bacon products. According to our BOBE split history records, BOBE has had 6 splits. | |
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BOBE (BOBE) has 6 splits in our BOBE split history database. The first split for BOBE took place on August 16, 1985. This was a 11 for 10
split, meaning for each 10
shares of BOBE owned pre-split, the shareholder now owned 11 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split. BOBE's second split took place on September 22, 1986. This was a 5 for 4
split, meaning for each 4
shares of BOBE owned pre-split, the shareholder now owned 5 shares. For example, a 1100 share position pre-split, became a 1375 share position following the split. BOBE's third split took place on September 14, 1987. This was a 5 for 4
split, meaning for each 4
shares of BOBE owned pre-split, the shareholder now owned 5 shares. For example, a 1375 share position pre-split, became a 1718.75 share position following the split. BOBE's 4th split took place on September 01, 1989. This was a 11 for 10
split, meaning for each 10
shares of BOBE owned pre-split, the shareholder now owned 11 shares. For example, a 1718.75 share position pre-split, became a 1890.625 share position following the split. BOBE's 5th split took place on April 27, 1992. This was a 4 for 3
split, meaning for each 3
shares of BOBE owned pre-split, the shareholder now owned 4 shares. For example, a 1890.625 share position pre-split, became a 2520.83333333333 share position following the split. BOBE's 6th split took place on May 25, 2017.
When a company such as BOBE 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 BOBE split history from start to finish, an original position size of 1000 shares would have turned into 2520.83333333333 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BOBE shares, starting with a $10,000 purchase of BOBE, presented on a split-history-adjusted basis factoring in the complete BOBE split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/10/2014 |
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| End date: |
01/12/2018 |
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| Start price/share: |
$46.01 |
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| End price/share: |
$77.01 |
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| Starting shares: |
217.34 |
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| Ending shares: |
262.63 |
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| Dividends reinvested/share: |
$11.80 |
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| Total return: |
102.25% |
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| Average Annual Total Return: |
24.11% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$20,222.54 |
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| Years: |
3.26 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/10/2014 |
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| End date: |
01/12/2018 |
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| Start price/share: |
$46.01 |
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| End price/share: |
$77.01 |
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| Dividends collected/share: |
$11.80 |
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| Total return: |
93.02% |
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| Average Annual Total Return: |
22.35% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,302.47 |
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| Years: |
3.26 |
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| Date |
Ratio |
| 08/16/1985 | 11 for 10
| | 09/22/1986 | 5 for 4
| | 09/14/1987 | 5 for 4
| | 09/01/1989 | 11 for 10
| | 04/27/1992 | 4 for 3
| | 05/25/2017 | 1 for 1 |
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