 |
 Video: What is a Stock Split?
|
|
|
| CIT Group is a bank holding company and a financial holding company. Through its subsidiaries, Co. provides financing, leasing and advisory services principally to middle-market companies in a range of industries, primarily in North America. Co. also provides banking and related services to commercial and individual customers through its banking subsidiary, CIT Bank, N.A. Co. manages its business in two operating segments: Commercial Banking, which provides a range of lending, leasing and deposit products, as well as ancillary products; and Consumer Banking, which is comprised of two divisions: Consumer and Community Banking and Legacy Consumer Mortgages. According to our CIT split history records, CIT has had 0 splits. | |
|
CIT (CIT) has 0 splits in our CIT split history database.
Looking at the CIT split history from start to finish, an original position size of 1000 shares would have turned into 1000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CIT shares, starting with a $10,000 purchase of CIT, presented on a split-history-adjusted basis factoring in the complete CIT split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
04/25/2014 |
|
| End date: |
01/03/2022 |
|
| Start price/share: |
$46.37 |
|
| End price/share: |
$53.50 |
|
| Starting shares: |
215.66 |
|
| Ending shares: |
259.78 |
|
| Dividends reinvested/share: |
$7.13 |
|
| Total return: |
38.98% |
|
| Average Annual Total Return: |
4.37% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$13,899.76 |
|
| Years: |
7.70 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
04/25/2014 |
|
| End date: |
01/03/2022 |
|
| Start price/share: |
$46.37 |
|
| End price/share: |
$53.50 |
|
| Dividends collected/share: |
$7.13 |
|
| Total return: |
30.75% |
|
| Average Annual Total Return: |
3.54% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$13,071.10 |
|
| Years: |
7.70 |
|
|
|
|
|
