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Video: What is a Stock Split?
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Church & Dwight Co., Inc. develops, manufactures, and markets a range of consumer household and personal care products and specialty products focused on animal and food production, chemicals, and cleaners. Co.'s segments include Consumer Domestic, Consumer International and the Specialty Products Division (SPD). Its Consumer Domestic segment includes each of its seven power brands, as well as other brands and household and personal care products. Its Consumer International segment markets a variety of personal care, household, and over-the-counter products in international subsidiary markets, including Australia, Canada, France, Germany, Mexico, and the United Kingdom. According to our CHD split history records, Church and Dwight has had 4 splits. | |
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Church and Dwight (CHD) has 4 splits in our CHD split history database. The first split for CHD took place on September 02, 1999. This was a 2 for 1
split, meaning for each share of CHD 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. CHD's second split took place on September 02, 2004. This was a 3 for 2 split, meaning for each 2 shares of CHD owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 3000 share position following the split. CHD's third split took place on June 02, 2011. This was a 2 for 1 split, meaning for each share of CHD 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. CHD's 4th split took place on September 02, 2016. This was a 2 for 1 split, meaning for each share of CHD 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 Church and Dwight 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 CHD 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 Church and Dwight shares, starting with a $10,000 purchase of CHD, presented on a split-history-adjusted basis factoring in the complete CHD split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
12/11/2014 |
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End date: |
12/09/2024 |
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Start price/share: |
$38.40 |
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End price/share: |
$105.89 |
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Starting shares: |
260.42 |
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Ending shares: |
297.87 |
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Dividends reinvested/share: |
$9.18 |
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Total return: |
215.41% |
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Average Annual Total Return: |
12.17% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$31,543.06 |
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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: |
12/11/2014 |
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End date: |
12/09/2024 |
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Start price/share: |
$38.40 |
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End price/share: |
$105.89 |
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Dividends collected/share: |
$9.18 |
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Total return: |
199.65% |
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Average Annual Total Return: |
11.60% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$29,975.92 |
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Years: |
10.00 |
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Date |
Ratio |
09/02/1999 | 2 for 1
| 09/02/2004 | 3 for 2 | 06/02/2011 | 2 for 1 | 09/02/2016 | 2 for 1 |
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