 |
 Video: What is a Stock Split?
|
|
|
| Colgate-Palmolive Co. manufactures a range of products for the personal and home care markets. It operates in two product segments: Oral, Personal and Home Care; and Pet Nutrition. The Oral, Personal and Home Care product segment is managed geographically in five segments, such as North America, Latin America, Europe, Asia Pacific and Africa/Eurasia, all of which sell primarily to a variety of traditional and e-commerce retailers, wholesalers, distributors, dentists and skin health professionals. According to our CL split history records, Colgate-Palmolive has had 4 splits. | |
|
Colgate-Palmolive (CL) has 4 splits in our CL split history database. The first split for CL took place on May 16, 1991. This was a 2 for 1
split, meaning for each share of CL 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. CL's second split took place on May 16, 1997. This was a 2 for 1
split, meaning for each share of CL owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. CL's third split took place on July 01, 1999. This was a 2 for 1
split, meaning for each share of CL owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. CL's 4th split took place on May 16, 2013. This was a 2 for 1 split, meaning for each share of CL owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split.
When a company such as Colgate-Palmolive 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 CL split history from start to finish, an original position size of 1000 shares would have turned into 16000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Colgate-Palmolive shares, starting with a $10,000 purchase of CL, presented on a split-history-adjusted basis factoring in the complete CL split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
01/23/2015 |
|
| End date: |
01/21/2025 |
|
| Start price/share: |
$67.14 |
|
| End price/share: |
$88.23 |
|
| Starting shares: |
148.94 |
|
| Ending shares: |
188.07 |
|
| Dividends reinvested/share: |
$17.44 |
|
| Total return: |
65.94% |
|
| Average Annual Total Return: |
5.19% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$16,588.41 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
01/23/2015 |
|
| End date: |
01/21/2025 |
|
| Start price/share: |
$67.14 |
|
| End price/share: |
$88.23 |
|
| Dividends collected/share: |
$17.44 |
|
| Total return: |
57.39% |
|
| Average Annual Total Return: |
4.64% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$15,740.96 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 05/16/1991 | 2 for 1
| | 05/16/1997 | 2 for 1
| | 07/01/1999 | 2 for 1
| | 05/16/2013 | 2 for 1 |
|
|
Free CL Email Alerts:
