 |
 Video: What is a Stock Split?
|
|
|
| The Company through its subsidiaries produces sells finances and insures primarily low to medium-priced manufactured homes. According to our CMH split history records, CMH has had 7 splits. | |
|
CMH (CMH) has 7 splits in our CMH split history database. The first split for CMH took place on December 13, 1990. This was a 5 for 4
split, meaning for each 4
shares of CMH owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1250 share position following the split. CMH's second split took place on December 11, 1991. This was a 5 for 4
split, meaning for each 4
shares of CMH owned pre-split, the shareholder now owned 5 shares. For example, a 1250 share position pre-split, became a 1562.5 share position following the split. CMH's third split took place on December 10, 1992. This was a 5 for 4
split, meaning for each 4
shares of CMH owned pre-split, the shareholder now owned 5 shares. For example, a 1562.5 share position pre-split, became a 1953.125 share position following the split. CMH's 4th split took place on December 06, 1994. This was a 5 for 4
split, meaning for each 4
shares of CMH owned pre-split, the shareholder now owned 5 shares. For example, a 1953.125 share position pre-split, became a 2441.40625 share position following the split. CMH's 5th split took place on December 14, 1995. This was a 5 for 4
split, meaning for each 4
shares of CMH owned pre-split, the shareholder now owned 5 shares. For example, a 2441.40625 share position pre-split, became a 3051.7578125 share position following the split. CMH's 6th split took place on December 12, 1996. This was a 5 for 4
split, meaning for each 4
shares of CMH owned pre-split, the shareholder now owned 5 shares. For example, a 3051.7578125 share position pre-split, became a 3814.697265625 share position following the split. CMH's 7th split took place on December 10, 1998. This was a 5 for 4
split, meaning for each 4
shares of CMH owned pre-split, the shareholder now owned 5 shares. For example, a 3814.697265625 share position pre-split, became a 4768.37158203125 share position following the split.
When a company such as CMH 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 CMH split history from start to finish, an original position size of 1000 shares would have turned into 4768.37158203125 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CMH shares, starting with a $10,000 purchase of CMH, presented on a split-history-adjusted basis factoring in the complete CMH split history.
CMH -- use the split history when considering split-adjusted past price performance. |
|
| Date |
Ratio |
| 12/13/1990 | 5 for 4
| | 12/11/1991 | 5 for 4
| | 12/10/1992 | 5 for 4
| | 12/06/1994 | 5 for 4
| | 12/14/1995 | 5 for 4
| | 12/12/1996 | 5 for 4
| | 12/10/1998 | 5 for 4
|
|
|
Free CMH Email Alerts:
