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 Video: What is a Stock Split?
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| China Eastern Airlines is engaged as air carriers in China and is a domestic airline based in and serving Shanghai. The primary focus of Co.'s business is the operation of civil aviation, including the provision of passenger, cargo, mail delivery, tour operations and other extended transportation services. Co. operates most of its flights through its three hubs located in eastern, northwestern and southwestern China, namely Shanghai, Xi'an and Kunming, respectively. According to our CEA split history records, CEA has had 1 split. | |
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CEA (CEA) has 1 split in our CEA split history database. The split for CEA took place on August 10, 2010. This was a 2 for 1 split, meaning for each share of CEA 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 CEA 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 CEA 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 CEA shares, starting with a $10,000 purchase of CEA, presented on a split-history-adjusted basis factoring in the complete CEA split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
02/03/2023 |
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| Start price/share: |
$15.91 |
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| End price/share: |
$20.09 |
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| Starting shares: |
628.54 |
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| Ending shares: |
665.54 |
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| Dividends reinvested/share: |
$1.49 |
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| Total return: |
33.71% |
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| Average Annual Total Return: |
3.36% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$13,371.62 |
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| Years: |
8.79 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
02/03/2023 |
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| Start price/share: |
$15.91 |
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| End price/share: |
$20.09 |
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| Dividends collected/share: |
$1.49 |
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| Total return: |
35.64% |
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| Average Annual Total Return: |
3.53% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$13,566.22 |
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| Years: |
8.79 |
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| Date |
Ratio |
| 08/10/2010 | 2 for 1 |
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