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 Video: What is a Stock Split?
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| Bassett Furniture Industries is a retailer, manufacturer and marketer of home furnishings. Co.'s products are sold primarily through a network of Co.-owned and licensee-owned stores under the Bassett Home Furnishings name, with additional distribution through other wholesale channels including multi-line furniture stores, various of which feature Co.'s galleries or design centers. Co. has two reportable segments: Wholesale, which designs, manufactures, sources, sells and distributes furniture products to a network of Bassett stores (Co.-owned and licensee-owned stores retail stores) and independent furniture retailers; and Retail - Co.-Owned Stores, which consists of Co.-owned stores. According to our BSET split history records, Bassett Furniture Industries has had 2 splits. | |
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Bassett Furniture Industries (BSET) has 2 splits in our BSET split history database. The first split for BSET took place on April 07, 1992. This was a 3 for 2
split, meaning for each 2
shares of BSET 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. BSET's second split took place on May 27, 1993. This was a 5 for 4
split, meaning for each 4
shares of BSET owned pre-split, the shareholder now owned 5 shares. For example, a 1500 share position pre-split, became a 1875 share position following the split.
When a company such as Bassett Furniture Industries 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 BSET split history from start to finish, an original position size of 1000 shares would have turned into 1875 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Bassett Furniture Industries shares, starting with a $10,000 purchase of BSET, presented on a split-history-adjusted basis factoring in the complete BSET split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/17/2014 |
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| End date: |
09/13/2024 |
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| Start price/share: |
$14.66 |
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| End price/share: |
$13.80 |
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| Starting shares: |
682.13 |
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| Ending shares: |
1,022.06 |
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| Dividends reinvested/share: |
$7.81 |
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| Total return: |
41.04% |
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| Average Annual Total Return: |
3.50% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,104.66 |
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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: |
09/17/2014 |
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| End date: |
09/13/2024 |
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| Start price/share: |
$14.66 |
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| End price/share: |
$13.80 |
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| Dividends collected/share: |
$7.81 |
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| Total return: |
47.44% |
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| Average Annual Total Return: |
3.96% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,744.04 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 04/07/1992 | 3 for 2
| | 05/27/1993 | 5 for 4
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