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Video: What is a Stock Split?
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Caleres is a global footwear company. Co.'s activities include the operation of retail shoe stores and e-commerce websites, as well as the design, development, sourcing, manufacturing, marketing and wholesale distribution of footwear for women, men and children. Co. has four primary categories: women's footwear, men's footwear, children's footwear and clothing and accessories. Co.'s Famous Footwear segment is a family-branded footwear retailer. Co.'s Brand Portfolio segment provides retailers and consumers a portfolio of brands by designing, developing, sourcing, manufacturing, marketing and distributing branded footwear for women, men and children. According to our CAL split history records, Caleres has had 1 split. | |
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Caleres (CAL) has 1 split in our CAL split history database. The split for CAL took place on July 17, 1996. This was a 2 for 1
split, meaning for each share of CAL 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 Caleres 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 CAL 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 Caleres shares, starting with a $10,000 purchase of CAL, presented on a split-history-adjusted basis factoring in the complete CAL split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
11/04/2014 |
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End date: |
11/01/2024 |
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Start price/share: |
$26.77 |
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End price/share: |
$29.41 |
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Starting shares: |
373.55 |
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Ending shares: |
428.76 |
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Dividends reinvested/share: |
$2.80 |
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Total return: |
26.10% |
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Average Annual Total Return: |
2.35% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,613.94 |
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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: |
11/04/2014 |
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End date: |
11/01/2024 |
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Start price/share: |
$26.77 |
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End price/share: |
$29.41 |
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Dividends collected/share: |
$2.80 |
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Total return: |
20.32% |
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Average Annual Total Return: |
1.87% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,034.86 |
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Years: |
10.00 |
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Date |
Ratio |
07/17/1996 | 2 for 1
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