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Video: What is a Stock Split?
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DSP Group is engaged in wireless, audio, voice and AI chipsets for a range of smart-enabled devices. Co. provides a portfolio of wireless chipsets, including DECT/CAT-iq, ULE, PSTN, HDClear voice, video and VoIP technologies. Co. is engaged in low-power integrated circuits for audio and voice signal processing applications. Co. enables converged voice, audio, video and data connectivity across mobile, consumer and enterprise products. Applications range from mobile phones, Internet of Things, wearable devices, hearable devices, connected multimedia screens, home automation and security to cordless phones, Unified Communications systems and home gateways. According to our DSPG split history records, DSPG has had 1 split. | |
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DSPG (DSPG) has 1 split in our DSPG split history database. The split for DSPG took place on March 02, 2000. This was a 2 for 1
split, meaning for each share of DSPG 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 DSPG 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 DSPG 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 DSPG shares, starting with a $10,000 purchase of DSPG, presented on a split-history-adjusted basis factoring in the complete DSPG split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/07/2014 |
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End date: |
12/02/2021 |
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Start price/share: |
$9.69 |
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End price/share: |
$21.98 |
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Dividends collected/share: |
$0.00 |
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Total return: |
126.83% |
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Average Annual Total Return: |
12.12% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$22,681.75 |
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Years: |
7.16 |
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Date |
Ratio |
03/02/2000 | 2 for 1
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