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 Video: What is a Stock Split?
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| Dollar General Corporation is a discount retailer. Co. offers merchandise, including consumable items, seasonal items, home products and apparel. Its merchandise includes brands from manufacturers, as well as its own private brand selections with prices at discounts to brands. Its consumables category includes paper and cleaning products, packaged food, perishables, snacks, health and beauty, pet, and tobacco products. Its seasonal products include holiday items, toys, batteries, small electronics, greeting cards, stationery, prepaid phones and accessories, gardening supplies, hardware, automotive and home office supplies. According to our DG split history records, Dollar General has had 11 splits. | |
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Dollar General (DG) has 11 splits in our DG split history database. The first split for DG took place on April 16, 1992. This was a 5 for 4
split, meaning for each 4
shares of DG owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1250 share position following the split. DG's second split took place on March 01, 1993. This was a 3 for 2
split, meaning for each 2
shares of DG owned pre-split, the shareholder now owned 3 shares. For example, a 1250 share position pre-split, became a 1875 share position following the split. DG's third split took place on September 20, 1993. This was a 5 for 4
split, meaning for each 4
shares of DG owned pre-split, the shareholder now owned 5 shares. For example, a 1875 share position pre-split, became a 2343.75 share position following the split. DG's 4th split took place on March 07, 1995. This was a 4 for 3
split, meaning for each 3
shares of DG owned pre-split, the shareholder now owned 4 shares. For example, a 2343.75 share position pre-split, became a 3125 share position following the split. DG's 5th split took place on April 29, 1996. This was a 5 for 4
split, meaning for each 4
shares of DG owned pre-split, the shareholder now owned 5 shares. For example, a 3125 share position pre-split, became a 3906.25 share position following the split. DG's 6th split took place on February 13, 1997. This was a 5 for 4
split, meaning for each 4
shares of DG owned pre-split, the shareholder now owned 5 shares. For example, a 3906.25 share position pre-split, became a 4882.8125 share position following the split. DG's 7th split took place on September 23, 1997. This was a 5 for 4
split, meaning for each 4
shares of DG owned pre-split, the shareholder now owned 5 shares. For example, a 4882.8125 share position pre-split, became a 6103.515625 share position following the split. DG's 8th split took place on March 24, 1998. This was a 5 for 4
split, meaning for each 4
shares of DG owned pre-split, the shareholder now owned 5 shares. For example, a 6103.515625 share position pre-split, became a 7629.39453125 share position following the split. DG's 9th split took place on September 22, 1998. This was a 5 for 4
split, meaning for each 4
shares of DG owned pre-split, the shareholder now owned 5 shares. For example, a 7629.39453125 share position pre-split, became a 9536.7431640625 share position following the split. DG's 10th split took place on May 25, 1999. This was a 5 for 4
split, meaning for each 4
shares of DG owned pre-split, the shareholder now owned 5 shares. For example, a 9536.7431640625 share position pre-split, became a 11920.9289550781 share position following the split. DG's 11th split took place on May 23, 2000. This was a 5 for 4
split, meaning for each 4
shares of DG owned pre-split, the shareholder now owned 5 shares. For example, a 11920.9289550781 share position pre-split, became a 14901.1611938477 share position following the split.
When a company such as Dollar General 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 DG split history from start to finish, an original position size of 1000 shares would have turned into 14901.1611938477 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Dollar General shares, starting with a $10,000 purchase of DG, presented on a split-history-adjusted basis factoring in the complete DG split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/09/2014 |
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| End date: |
12/06/2024 |
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| Start price/share: |
$69.20 |
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| End price/share: |
$81.59 |
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| Starting shares: |
144.51 |
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| Ending shares: |
161.55 |
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| Dividends reinvested/share: |
$14.22 |
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| Total return: |
31.81% |
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| Average Annual Total Return: |
2.80% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$13,180.48 |
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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: |
12/09/2014 |
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| End date: |
12/06/2024 |
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| Start price/share: |
$69.20 |
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| End price/share: |
$81.59 |
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| Dividends collected/share: |
$14.22 |
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| Total return: |
38.45% |
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| Average Annual Total Return: |
3.31% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$13,849.17 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 04/16/1992 | 5 for 4
| | 03/01/1993 | 3 for 2
| | 09/20/1993 | 5 for 4
| | 03/07/1995 | 4 for 3
| | 04/29/1996 | 5 for 4
| | 02/13/1997 | 5 for 4
| | 09/23/1997 | 5 for 4
| | 03/24/1998 | 5 for 4
| | 09/22/1998 | 5 for 4
| | 05/25/1999 | 5 for 4
| | 05/23/2000 | 5 for 4
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