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 Video: What is a Stock Split?
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| Casey's General Stores, Inc. is a convenience retailer and pizza chain in the U.S.. Co. operates convenience stores primarily under the names Casey's and Casey's General Store throughout 17 states, over half of which are located in Iowa, Missouri, and Illinois. All convenience stores carry a broad selection of food items (including, but not limited to, freshly prepared foods such as regular and breakfast pizza, donuts, hot breakfast items, and hot and cold sandwiches), beverages, tobacco and nicotine products, health and beauty aids, automotive products, and other nonfood items. According to our CASY split history records, Caseys General Stores has had 4 splits. | |
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Caseys General Stores (CASY) has 4 splits in our CASY split history database. The first split for CASY took place on June 25, 1985. This was a 3 for 2
split, meaning for each 2
shares of CASY 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. CASY's second split took place on August 05, 1986. This was a 2 for 1
split, meaning for each share of CASY owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split. CASY's third split took place on February 16, 1994. This was a 2 for 1
split, meaning for each share of CASY owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split. CASY's 4th split took place on February 17, 1998. This was a 2 for 1
split, meaning for each share of CASY owned pre-split, the shareholder now owned 2 shares. For example, a 6000 share position pre-split, became a 12000 share position following the split.
When a company such as Caseys General Stores 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 CASY split history from start to finish, an original position size of 1000 shares would have turned into 12000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Caseys General Stores shares, starting with a $10,000 purchase of CASY, presented on a split-history-adjusted basis factoring in the complete CASY split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/08/2015 |
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| End date: |
12/05/2025 |
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| Start price/share: |
$125.49 |
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| End price/share: |
$567.03 |
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| Starting shares: |
79.69 |
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| Ending shares: |
85.75 |
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| Dividends reinvested/share: |
$13.97 |
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| Total return: |
386.22% |
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| Average Annual Total Return: |
17.13% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$48,605.05 |
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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: |
12/08/2015 |
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| End date: |
12/05/2025 |
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| Start price/share: |
$125.49 |
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| End price/share: |
$567.03 |
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| Dividends collected/share: |
$13.97 |
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| Total return: |
362.99% |
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| Average Annual Total Return: |
16.56% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$46,290.87 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 06/25/1985 | 3 for 2
| | 08/05/1986 | 2 for 1
| | 02/16/1994 | 2 for 1
| | 02/17/1998 | 2 for 1
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