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 Video: What is a Stock Split?
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| Buckeye Partners is a holding company. Through its subsidiaries, Co. owns and operates integrated assets providing midstream logistic solutions, including transportation, storage, processing and marketing of liquid petroleum products. Co. has three segments: Domestic Pipelines and Terminals, which provides pipeline transportation services; Global Marine Terminals, which provides marine accessible bulk storage and blending services, rail and truck rack loading/unloading, and petroleum processing services in the East Coast and Gulf Coast regions of the U.S. and in the Caribbean; and Merchant Services, which distributes refined petroleum products in the continental U.S. and in the Caribbean. According to our BPL split history records, BPL has had 1 split. | |
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BPL (BPL) has 1 split in our BPL split history database. The split for BPL took place on February 13, 1998. This was a 2 for 1
split, meaning for each share of BPL 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.
When a company such as BPL 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 BPL split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BPL shares, starting with a $10,000 purchase of BPL, presented on a split-history-adjusted basis factoring in the complete BPL split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/05/2014 |
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| End date: |
11/27/2019 |
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| Start price/share: |
$79.15 |
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| End price/share: |
$41.46 |
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| Starting shares: |
126.34 |
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| Ending shares: |
186.90 |
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| Dividends reinvested/share: |
$21.25 |
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| Total return: |
-22.51% |
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| Average Annual Total Return: |
-4.99% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$7,749.49 |
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| Years: |
4.98 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/05/2014 |
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| End date: |
11/27/2019 |
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| Start price/share: |
$79.15 |
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| End price/share: |
$41.46 |
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| Dividends collected/share: |
$21.25 |
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| Total return: |
-20.77% |
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| Average Annual Total Return: |
-4.57% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$7,921.62 |
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| Years: |
4.98 |
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| Date |
Ratio |
| 02/13/1998 | 2 for 1
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