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 Video: What is a Stock Split?
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| Chemed Corporation is engaged in purchasing, operating, and divesting subsidiaries in diverse business activities. Co. operates through two segments: VITAS and the Roto-Rooter. VITAS segment provides hospice and palliative care services to its patients through a network of physicians, registered nurses, home health aides, social workers, clergy and volunteers. It provides direct medical services to patients, as well as spiritual and emotional counseling to both patients and their families. Roto-Rooter provides plumbing, drain cleaning and water restoration services to both residential and commercial customers. According to our CHE split history records, Chemed has had 1 split. | |
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Chemed (CHE) has 1 split in our CHE split history database. The split for CHE took place on May 12, 2005. This was a 2 for 1 split, meaning for each share of CHE 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 Chemed 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 CHE 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 Chemed shares, starting with a $10,000 purchase of CHE, presented on a split-history-adjusted basis factoring in the complete CHE split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
06/23/2015 |
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| End date: |
06/20/2025 |
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| Start price/share: |
$131.65 |
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| End price/share: |
$548.65 |
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| Starting shares: |
75.96 |
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| Ending shares: |
79.04 |
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| Dividends reinvested/share: |
$13.52 |
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| Total return: |
333.66% |
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| Average Annual Total Return: |
15.80% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$43,359.63 |
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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: |
06/23/2015 |
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| End date: |
06/20/2025 |
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| Start price/share: |
$131.65 |
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| End price/share: |
$548.65 |
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| Dividends collected/share: |
$13.52 |
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| Total return: |
327.02% |
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| Average Annual Total Return: |
15.62% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$42,690.34 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 05/12/2005 | 2 for 1 |
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