Split History
ETFs Holding DRL »    DRL Historical Stock Prices »



Video: What is a Stock Split?


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Doral Financial is a bank holding company. Co. has four segments: Puerto Rico Growth, which includes all mortgage and retail banking activities in Puerto Rico; U.S., which includes commercial and retail banking in the U.S. and also Co.'s middle market syndicated lending unit; Recovery, which includes selected Puerto Rico domiciled performing and non-performing consumer, commercial real estate, commercial and industrial and construction and land loan portfolios, as well as certain repossessed assets; and Treasury, which handles Co.'s investment portfolio, interest rate risk management and liquidity position. At Dec 31 2013, Co. had total assets of $8.49 billion and deposits of $5.00 billion. According to our DRL split history records, DRL has had 3 splits.
DRL split history picture
DRL (DRL) has 3 splits in our DRL split history database. The first split for DRL took place on December 12, 2003. This was a 3 for 2 split, meaning for each 2 shares of DRL owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. DRL's second split took place on August 20, 2007. This was a 1 for 20 reverse split, meaning for each 20 shares of DRL owned pre-split, the shareholder now owned 1 share. For example, a 1500 share position pre-split, became a 75 share position following the split. DRL's third split took place on July 01, 2013. This was a 1 for 20 reverse split, meaning for each 20 shares of DRL owned pre-split, the shareholder now owned 1 share. For example, a 75 share position pre-split, became a 3.75 share position following the split.

When a company such as DRL 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. When a company such as DRL conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the DRL split history from start to finish, an original position size of 1000 shares would have turned into 3.75 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into DRL shares, starting with a $10,000 purchase of DRL, presented on a split-history-adjusted basis factoring in the complete DRL split history. DRL split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 05/28/2014
End date: 02/27/2015
Start price/share: $2.68
End price/share: $0.72
Dividends collected/share: $0.00
Total return: -73.13%
Annualized Gain: -97.07%
Starting investment: $10,000.00
Ending investment: $2,687.00
Years: 0.75
Date Ratio
12/12/20033 for 2
08/20/20071 for 20
07/01/20131 for 20
DRL is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:

DRN Split History
DRV Split History
DSE Split History
DSI Split History
DSL Split History
DSU Split History
DSV Split History
DTD Split History
DUC Split History
DUG Split History

Email EnvelopeFree DRL Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

Tharimmune, Inc. (THAR)
BioCardia, Inc. (BCDA)
Lam Research Corporation (LRCX)
Akanda Corp. (AKAN)
Amphenol Corporation (APH)
Jaguar Health, Inc. (JAGX)
OpGen, Inc. (OPGN)
Blue Star Foods Corp. (BSFC)
Charles & Colvard, Ltd. (CTHR)
Seelos Therapeutics, Inc. (SEEL)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

DRL Insider Buying

DRL Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved

Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?


Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.

You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.