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 Video: What is a Stock Split?
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| Delta Natural Gas Company distributes or transports natural gas to approximately 36,000 customers as of June 30 2017. Co.'s distribution and transmission systems are located in central and southeastern Kentucky, and it owns and operates an underground natural gas storage field in southeastern Kentucky. Co. operates through two segments: Regulated and Non-regulated. Co.'s regulated segment includes its natural gas distribution and transportation services, which are regulated by the Kentucky Public Service Commission. Co.'s non-regulated segment includes our natural gas marketing activities and the sales of natural gas liquids. According to our DGAS split history records, DGAS has had 1 split. | |
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DGAS (DGAS) has 1 split in our DGAS split history database. The split for DGAS took place on May 02, 2012. This was a 2 for 1 split, meaning for each share of DGAS 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.
When a company such as DGAS 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 DGAS split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into DGAS shares, starting with a $10,000 purchase of DGAS, presented on a split-history-adjusted basis factoring in the complete DGAS split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
06/11/2013 |
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| End date: |
09/20/2017 |
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| Start price/share: |
$21.64 |
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| End price/share: |
$30.69 |
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| Starting shares: |
462.11 |
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| Ending shares: |
536.64 |
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| Dividends reinvested/share: |
$3.42 |
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| Total return: |
64.70% |
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| Average Annual Total Return: |
12.37% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$16,472.36 |
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| Years: |
4.28 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
06/11/2013 |
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| End date: |
09/20/2017 |
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| Start price/share: |
$21.64 |
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| End price/share: |
$30.69 |
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| Dividends collected/share: |
$3.42 |
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| Total return: |
57.62% |
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| Average Annual Total Return: |
11.22% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,762.95 |
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| Years: |
4.28 |
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| Date |
Ratio |
| 05/02/2012 | 2 for 1 |
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