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 Video: What is a Stock Split?
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| CNA Financial Corporation is an insurance holding company. Co.'s segments include Specialty, Commercial and International, and Life & Group and Corporate & Other. The Specialty segment offers management and professional liability and other coverages through property and casualty products and services using a network of brokers, independent agencies and managing general underwriters. The Commercial segment works with a network of brokers and independent agents to market a range of property and casualty insurance products to all types of insureds targeting small business, construction, middle markets and other commercial customers. According to our CNA split history records, CNA Financial has had 1 split. | |
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CNA Financial (CNA) has 1 split in our CNA split history database. The split for CNA took place on June 02, 1998. This was a 3 for 1
split, meaning for each share of CNA owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as CNA Financial 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 CNA split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CNA Financial shares, starting with a $10,000 purchase of CNA, presented on a split-history-adjusted basis factoring in the complete CNA split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/07/2016 |
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| End date: |
10/05/2026 |
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| Start price/share: |
$35.04 |
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| End price/share: |
$46.21 |
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| Starting shares: |
285.39 |
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| Ending shares: |
592.76 |
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| Dividends reinvested/share: |
$33.32 |
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| Total return: |
173.92% |
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| Average Annual Total Return: |
10.60% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$27,387.43 |
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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: |
10/07/2016 |
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| End date: |
10/05/2026 |
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| Start price/share: |
$35.04 |
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| End price/share: |
$46.21 |
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| Dividends collected/share: |
$33.32 |
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| Total return: |
126.97% |
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| Average Annual Total Return: |
8.54% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$22,693.33 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 06/02/1998 | 3 for 1
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