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Video: What is a Stock Split?
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Brown Shoe Company is a footwear retailer and wholesaler. Co. provides a range of licensed, branded and private-label casual, dress and athletic footwear products to women, men and children. Co.'s activities include the operation of retail shoe stores and e-commerce websites. As of Feb 1 2014, Co. operated 1,223 retail shoe stores in the U.S., Canada, and Guam primarily under the Famous Footwear and Naturalizer names. In addition, through its wholesale operations, Co. designs, sources and markets footwear to retail stores domestically and internationally, including national chains, mass merchandisers, department stores, independent retailers, catalogs and online retailers. According to our BWS split history records, BWS has had 2 splits. | |
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BWS (BWS) has 2 splits in our BWS split history database. The first split for BWS took place on April 04, 2006. This was a 3 for 2 split, meaning for each 2 shares of BWS 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. BWS's second split took place on April 03, 2007. This was a 3 for 2 split, meaning for each 2 shares of BWS owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split.
When a company such as BWS 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 BWS split history from start to finish, an original position size of 1000 shares would have turned into 2250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BWS shares, starting with a $10,000 purchase of BWS, presented on a split-history-adjusted basis factoring in the complete BWS 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: |
05/28/2015 |
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Start price/share: |
$25.64 |
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End price/share: |
$31.67 |
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Starting shares: |
390.02 |
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Ending shares: |
391.82 |
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Dividends reinvested/share: |
$0.14 |
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Total return: |
24.09% |
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Annualized Gain: |
37.74% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,409.00 |
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Years: |
0.64 |
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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: |
05/28/2015 |
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Start price/share: |
$25.64 |
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End price/share: |
$31.67 |
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Dividends collected/share: |
$0.14 |
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Total return: |
24.06% |
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Annualized Gain: |
37.70% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,406.00 |
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Years: |
0.64 |
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Date |
Ratio |
04/04/2006 | 3 for 2 | 04/03/2007 | 3 for 2 |
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