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Video: What is a Stock Split?
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Cash America International provides financial services to individuals through its storefront lending and franchised check cashing locations. Services provided by Co. includes: pawn lending, secured non-recourse loans, commonly referred to as pawn loans; consumer loan activities, where Co. originates, arranges, guarantees or purchases consumer loans including short-term loans, such as unsecured short-term loans and installment loans products that Co. provides are unsecured and can either be written by Co. or by a third-party lender; and check Cashing and other financial services, where Co. provides check cashing and prepaid debit cards that are issued and serviced through a third party. According to our CSH split history records, CSH has had 1 split. | |
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CSH (CSH) has 1 split in our CSH split history database. The split for CSH took place on November 13, 2014. This was a 2204 for 1000 split, meaning for each 1000 shares of CSH owned pre-split, the shareholder now owned 2204 shares. For example, a 1000 share position pre-split, became a 2204 share position following the split.
When a company such as CSH 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 CSH split history from start to finish, an original position size of 1000 shares would have turned into 2204 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CSH shares, starting with a $10,000 purchase of CSH, presented on a split-history-adjusted basis factoring in the complete CSH split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
02/01/2022 |
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End date: |
04/11/2023 |
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Start price/share: |
$25.40 |
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End price/share: |
$25.62 |
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Dividends collected/share: |
$0.00 |
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Total return: |
0.88% |
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Average Annual Total Return: |
0.74% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,087.85 |
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Years: |
1.19 |
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Date |
Ratio |
11/13/2014 | 2204 for 1000 |
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