 |
 Video: What is a Stock Split?
|
|
|
| Bank of the James (the Bank) is a full-service commercial and retail bank. The Bank is a wholly owned subsidiary of Bank of the James Financial Group, Inc. The Bank is engaged in a general retail and commercial banking business. The Bank's services include personal, business and online banking, loans, and investments. The Bank serves individuals, small and medium-sized businesses and professionals of the Central Virginia area from offices located in Altavista, Amherst, Appomattox, Bedford, Blacksburg, Charlottesville, Forest, Harrisonburg, Lexington, Lynchburg, Madison Heights, Roanoke, Rustburg, and Wytheville. According to our BOTJ split history records, Bank of the James Financial Group has had 2 splits. | |
|
Bank of the James Financial Group (BOTJ) has 2 splits in our BOTJ split history database. The first split for BOTJ took place on June 24, 2021. This was a 11 for 10 split, meaning for each 10 shares of BOTJ 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. BOTJ's second split took place on June 15, 2007. This was a 11 for 10 split, meaning for each 10 shares of BOTJ owned pre-split, the shareholder now owned 11 shares. For example, a 1100 share position pre-split, became a 1210 share position following the split.
When a company such as Bank of the James Financial Group 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 BOTJ split history from start to finish, an original position size of 1000 shares would have turned into 1210 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Bank of the James Financial Group shares, starting with a $10,000 purchase of BOTJ, presented on a split-history-adjusted basis factoring in the complete BOTJ split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
11/13/2015 |
|
| End date: |
11/11/2025 |
|
| Start price/share: |
$10.11 |
|
| End price/share: |
$17.20 |
|
| Starting shares: |
989.12 |
|
| Ending shares: |
1,235.70 |
|
| Dividends reinvested/share: |
$2.80 |
|
| Total return: |
112.54% |
|
| Average Annual Total Return: |
7.83% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$21,256.21 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
11/13/2015 |
|
| End date: |
11/11/2025 |
|
| Start price/share: |
$10.11 |
|
| End price/share: |
$17.20 |
|
| Dividends collected/share: |
$2.80 |
|
| Total return: |
97.78% |
|
| Average Annual Total Return: |
7.06% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$19,785.80 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 06/24/2021 | 11 for 10 | | 06/15/2007 | 11 for 10 |
|
|
Free BOTJ Email Alerts:
