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 Video: What is a Stock Split?
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| CSP Inc. develops and markets information technology (IT) integration solutions, advanced security products, managed information technology services, cloud services, purpose built network adapters, and cluster computer systems. Co. operates through two segments: Technology Solutions (TS) and High Performance Products (HPP). TS focuses on value added reseller (VAR) integrated solutions including third party hardware, software and technical computer related consulting and managed services. TS segment consists of Modcomp, Inc. subsidiary, operates in the U.S. and the United Kingdom. According to our CSPI split history records, CSP has had 4 splits. | |
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CSP (CSPI) has 4 splits in our CSPI split history database. The first split for CSPI took place on March 20, 1998. This was a 11 for 10
split, meaning for each 10
shares of CSPI owned pre-split, the shareholder now owned 11 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split. CSPI's second split took place on October 22, 1998. This was a 11 for 10
split, meaning for each 10
shares of CSPI owned pre-split, the shareholder now owned 11 shares. For example, a 1100 share position pre-split, became a 1210 share position following the split. CSPI's third split took place on April 19, 1999. This was a 11 for 10
split, meaning for each 10
shares of CSPI owned pre-split, the shareholder now owned 11 shares. For example, a 1210 share position pre-split, became a 1331 share position following the split. CSPI's 4th split took place on March 21, 2024. This was a 2 for 1 split, meaning for each share of CSPI owned pre-split, the shareholder now owned 2 shares. For example, a 1331 share position pre-split, became a 2662 share position following the split.
When a company such as CSP 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 CSPI split history from start to finish, an original position size of 1000 shares would have turned into 2662 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CSP shares, starting with a $10,000 purchase of CSPI, presented on a split-history-adjusted basis factoring in the complete CSPI split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/11/2014 |
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| End date: |
12/09/2024 |
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| Start price/share: |
$4.00 |
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| End price/share: |
$16.87 |
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| Starting shares: |
2,500.00 |
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| Ending shares: |
3,391.57 |
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| Dividends reinvested/share: |
$1.54 |
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| Total return: |
472.16% |
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| Average Annual Total Return: |
19.05% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$57,213.89 |
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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: |
12/11/2014 |
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| End date: |
12/09/2024 |
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| Start price/share: |
$4.00 |
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| End price/share: |
$16.87 |
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| Dividends collected/share: |
$1.54 |
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| Total return: |
360.25% |
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| Average Annual Total Return: |
16.49% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$46,032.87 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 03/20/1998 | 11 for 10
| | 10/22/1998 | 11 for 10
| | 04/19/1999 | 11 for 10
| | 03/21/2024 | 2 for 1 |
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