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 Video: What is a Stock Split?
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| Curtiss-Wright is an integrated business that provides products, solutions, and services mainly to aerospace and defense markets, as well as technologies in demanding commercial power, process, and industrial markets. Co. operates through various reportable segments, including: Aerospace and Industrial, which provides products and services, including industrial and specialty vehicle products, such as electronic throttle control devices, joysticks, and transmission shifters; Defense Electronics, which provides various products, including Commercial Off-the-Shelf embedded computing board-level modules, data acquisition and flight test instrumentation equipment, and integrated subsystems. According to our CW split history records, Curtiss-Wright has had 3 splits. | |
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Curtiss-Wright (CW) has 3 splits in our CW split history database. The first split for CW took place on December 24, 1997. This was a 2 for 1
split, meaning for each share of CW 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. CW's second split took place on December 18, 2003. This was a 2 for 1 split, meaning for each share of CW 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. CW's third split took place on April 24, 2006. This was a 2 for 1 split, meaning for each share of CW 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 Curtiss-Wright 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 CW 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 Curtiss-Wright shares, starting with a $10,000 purchase of CW, presented on a split-history-adjusted basis factoring in the complete CW split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/24/2013 |
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| End date: |
09/21/2023 |
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| Start price/share: |
$47.63 |
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| End price/share: |
$199.23 |
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| Starting shares: |
209.95 |
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| Ending shares: |
223.16 |
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| Dividends reinvested/share: |
$6.11 |
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| Total return: |
344.61% |
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| Average Annual Total Return: |
16.10% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$44,477.93 |
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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: |
09/24/2013 |
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| End date: |
09/21/2023 |
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| Start price/share: |
$47.63 |
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| End price/share: |
$199.23 |
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| Dividends collected/share: |
$6.11 |
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| Total return: |
331.11% |
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| Average Annual Total Return: |
15.74% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$43,118.22 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 12/24/1997 | 2 for 1
| | 12/18/2003 | 2 for 1 | | 04/24/2006 | 2 for 1 |
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