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 Video: What is a Stock Split?
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| Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo throughout the U.S. and around the world. Co. has hubs and markets in Amsterdam, Atlanta, Bogota, Boston, Detroit, Lima, London-Heathrow, Los Angeles, Mexico City, Minneapolis-St. Paul, New York-JFK and LaGuardia, Paris-Charles de Gaulle, Salt Lake City, Santiago (Chile), Sao Paulo, Seattle, Seoul-Incheon and Tokyo. Its segments include Airline and Refinery. Its airline segment is managed as a single business unit that provides scheduled air transportation for passengers and cargo throughout the U.S. and around the world and includes its loyalty program, as well as other ancillary businesses. According to our DAL split history records, Delta Air Lines has had 2 splits. | |
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Delta Air Lines (DAL) has 2 splits in our DAL split history database. The first split for DAL took place on December 01, 1981. This was a 2 for 1
split, meaning for each share of DAL 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. DAL's second split took place on November 17, 1998. This was a 2 for 1
split, meaning for each share of DAL 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 Delta Air Lines 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 DAL 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 Delta Air Lines shares, starting with a $10,000 purchase of DAL, presented on a split-history-adjusted basis factoring in the complete DAL split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
01/16/2025 |
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| Start price/share: |
$49.18 |
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| End price/share: |
$66.18 |
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| Starting shares: |
203.33 |
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| Ending shares: |
229.43 |
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| Dividends reinvested/share: |
$6.06 |
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| Total return: |
51.84% |
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| Average Annual Total Return: |
4.27% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,187.78 |
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| Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
01/16/2025 |
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| Start price/share: |
$49.18 |
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| End price/share: |
$66.18 |
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| Dividends collected/share: |
$6.06 |
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| Total return: |
46.89% |
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| Average Annual Total Return: |
3.92% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,685.88 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 12/01/1981 | 2 for 1
| | 11/17/1998 | 2 for 1
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