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 Video: What is a Stock Split?
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| Digi International Inc. is a global provider of Internet of Things (IoT) connectivity products, services and solutions. Co. helps its customers deploy, monitor and manage critical communications infrastructures. Its segments include IoT Products and Services, and IoT Solutions. The IoT Products and Services segment offers products and services that help original equipment manufacturers as well as enterprise and government customers create and deploy secure IoT connectivity solutions. These include embedded and wireless modules, console servers, enterprise and industrial routers as well as other infrastructure management equipment. According to our DGII split history records, Digi International has had 2 splits. | |
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Digi International (DGII) has 2 splits in our DGII split history database. The first split for DGII took place on March 04, 1991. This was a 2 for 1
split, meaning for each share of DGII 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. DGII's second split took place on April 01, 1992. This was a 3 for 2
split, meaning for each 2
shares of DGII owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 3000 share position following the split.
When a company such as Digi International 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 DGII split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Digi International shares, starting with a $10,000 purchase of DGII, presented on a split-history-adjusted basis factoring in the complete DGII split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
07/21/2015 |
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| End date: |
07/17/2025 |
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| Start price/share: |
$9.74 |
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| End price/share: |
$33.58 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
244.76% |
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| Average Annual Total Return: |
13.18% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$34,478.60 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 03/04/1991 | 2 for 1
| | 04/01/1992 | 3 for 2
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