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 Video: What is a Stock Split?
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| Chesapeake Utilities Corporation is an energy delivery company operates primarily in the Mid-Atlantic region, North Carolina, South Carolina, Florida and Ohio. It is engaged in the distribution of natural gas, electricity and propane, the transmission of natural gas, the generation of electricity and steam, and in providing related services to its customers. Its Regulated Energy segment includes energy distribution and transmission services (natural gas distribution, natural gas transmission and electric distribution operations). According to our CPK split history records, Chesapeake Utilities has had 1 split. | |
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Chesapeake Utilities (CPK) has 1 split in our CPK split history database. The split for CPK took place on September 09, 2014. This was a 3 for 2 split, meaning for each 2 shares of CPK owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as Chesapeake Utilities 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 CPK split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Chesapeake Utilities shares, starting with a $10,000 purchase of CPK, presented on a split-history-adjusted basis factoring in the complete CPK split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
01/27/2015 |
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| End date: |
01/23/2025 |
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| Start price/share: |
$50.59 |
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| End price/share: |
$120.88 |
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| Starting shares: |
197.67 |
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| Ending shares: |
238.25 |
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| Dividends reinvested/share: |
$17.14 |
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| Total return: |
187.99% |
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| Average Annual Total Return: |
11.16% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$28,797.81 |
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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: |
01/27/2015 |
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| End date: |
01/23/2025 |
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| Start price/share: |
$50.59 |
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| End price/share: |
$120.88 |
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| Dividends collected/share: |
$17.14 |
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| Total return: |
172.82% |
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| Average Annual Total Return: |
10.56% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$27,281.04 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 09/09/2014 | 3 for 2 |
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