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 Video: What is a Stock Split?
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| California Water Service Group is a holding company. Through its subsidiaries, Co. is engaged in the production, purchase, storage, treatment, testing, distribution and sale of water for uses, and the provision of domestic and municipal fire protection services. In some areas, Co. provides wastewater collection and treatment services. Co. also provides non-regulated water-related services under agreements with municipalities and other private companies. The non-regulated services include full water system operation, billing and meter reading services. Non-regulated operations also include the lease of communication antenna sites, lab services and promotion of other non-regulated services. According to our CWT split history records, California Water Service Group has had 2 splits. | |
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California Water Service Group (CWT) has 2 splits in our CWT split history database. The first split for CWT took place on January 26, 1998. This was a 2 for 1
split, meaning for each share of CWT 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. CWT's second split took place on June 13, 2011. This was a 2 for 1 split, meaning for each share of CWT 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.
When a company such as California Water Service Group 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 CWT split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into California Water Service Group shares, starting with a $10,000 purchase of CWT, presented on a split-history-adjusted basis factoring in the complete CWT split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/10/2014 |
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| End date: |
10/08/2024 |
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| Start price/share: |
$23.18 |
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| End price/share: |
$51.76 |
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| Starting shares: |
431.41 |
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| Ending shares: |
525.99 |
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| Dividends reinvested/share: |
$8.44 |
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| Total return: |
172.25% |
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| Average Annual Total Return: |
10.53% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$27,222.05 |
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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: |
10/10/2014 |
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| End date: |
10/08/2024 |
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| Start price/share: |
$23.18 |
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| End price/share: |
$51.76 |
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| Dividends collected/share: |
$8.44 |
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| Total return: |
159.72% |
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| Average Annual Total Return: |
10.01% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$25,967.80 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 01/26/1998 | 2 for 1
| | 06/13/2011 | 2 for 1 |
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