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 Video: What is a Stock Split?
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| Cal-Maine Foods is a producer and distributor of shell eggs in the U.S. Co. sells majority of its shell eggs in the southwestern, southeastern, mid-western and mid-Atlantic regions of the U.S. Co. is engaged the production, grading, packaging, marketing and distribution of shell eggs. Co.'s operations consist of hatching chicks, growing and maintaining flocks of pullets, layers and breeders,manufacturing feed, and producing, processing, packaging, and distributing shell eggs. According to our CALM split history records, Cal-Maine Foods has had 2 splits. | |
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Cal-Maine Foods (CALM) has 2 splits in our CALM split history database. The first split for CALM took place on April 26, 2004. This was a 2 for 1 split, meaning for each share of CALM 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. CALM's second split took place on November 03, 2014. This was a 2 for 1 split, meaning for each share of CALM owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as Cal-Maine Foods 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 CALM split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Cal-Maine Foods shares, starting with a $10,000 purchase of CALM, presented on a split-history-adjusted basis factoring in the complete CALM 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: |
10/04/2024 |
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| Start price/share: |
$47.38 |
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| End price/share: |
$84.57 |
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| Starting shares: |
211.06 |
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| Ending shares: |
266.96 |
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| Dividends reinvested/share: |
$12.10 |
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| Total return: |
125.76% |
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| Average Annual Total Return: |
8.48% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$22,568.19 |
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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: |
10/07/2014 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$47.38 |
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| End price/share: |
$84.57 |
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| Dividends collected/share: |
$12.10 |
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| Total return: |
104.02% |
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| Average Annual Total Return: |
7.39% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$20,400.39 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 04/26/2004 | 2 for 1 | | 11/03/2014 | 2 for 1 |
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