 |
 Video: What is a Stock Split?
|
|
|
| Carlisle Companies designs, manufactures and markets commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, medical technology, transportation, among others. Co.'s segments are: Carlisle Construction Material, which provides ethylene propylene diene monomer rubber, thermoplastic polyolefin and polyvinyl chloride membrane and metal roofing systems; Carlisle Interconnect Technologies, which provides wire, cable, connectors, contacts and cable assemblies, and satellite communication equipment; Carlisle Fluid Technologies, which provides liquid, powder, sealants and adhesives finishing equipment and system components; and Carlisle Brake and Friction. According to our CSL split history records, Carlisle Companies has had 3 splits. |
|
|
Carlisle Companies (CSL) has 3 splits in our CSL split history database. The first split for CSL took place on June 02, 1993. This was a 2 for 1
split, meaning for each share of CSL 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. CSL's second split took place on January 16, 1997. This was a 2 for 1
split, meaning for each share of CSL 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. CSL's third split took place on March 20, 2007. This was a 2 for 1 split, meaning for each share of CSL 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.
When a company such as Carlisle Companies 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 CSL split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Carlisle Companies shares, starting with a $10,000 purchase of CSL, presented on a split-history-adjusted basis factoring in the complete CSL split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
06/01/2010 |
|
| End date: |
05/28/2020 |
|
| Start price/share: |
$39.02 |
|
| End price/share: |
$123.89 |
|
| Starting shares: |
256.28 |
|
| Ending shares: |
294.18 |
|
| Dividends reinvested/share: |
$11.76 |
|
| Total return: |
264.45% |
|
| Average Annual Total Return: |
13.81% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$36,446.04 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
06/01/2010 |
|
| End date: |
05/28/2020 |
|
| Start price/share: |
$39.02 |
|
| End price/share: |
$123.89 |
|
| Dividends collected/share: |
$11.76 |
|
| Total return: |
247.64% |
|
| Average Annual Total Return: |
13.27% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$34,753.68 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 06/02/1993 | 2 for 1
| | 01/16/1997 | 2 for 1
| | 03/20/2007 | 2 for 1 |
|
|
