 |
 Video: What is a Stock Split?
|
|
|
| LCI Industries, through its subsidiary, Lippert Components, Inc., supplies components for the manufacturers of recreational vehicles (RVs) and manufactured homes and for the related aftermarkets of those industries. Co. has two segments: the recreational vehicle products segment, which manufactures or distributes products including: steel chassis for towable RVs, axles and suspension solutions for towable RVs, and slide-out mechanisms and solutions, among others; and the manufactured housing products segment, which manufactures or distributes products including: vinyl and aluminum windows, thermoformed bath and kitchen products, and steel and fiberglass entry doors, among others. According to our DW split history records, DW has had 2 splits. | |
|
DW (DW) has 2 splits in our DW split history database. The first split for DW took place on March 24, 1997. This was a 2 for 1 split, meaning for each share of DW 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. DW's second split took place on September 08, 2005. This was a 2 for 1 split, meaning for each share of DW owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as DW 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 DW split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into DW shares, starting with a $10,000 purchase of DW, presented on a split-history-adjusted basis factoring in the complete DW split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
09/12/2014 |
|
| End date: |
12/30/2016 |
|
| Start price/share: |
$46.64 |
|
| End price/share: |
$107.75 |
|
| Starting shares: |
214.41 |
|
| Ending shares: |
225.09 |
|
| Dividends reinvested/share: |
$3.40 |
|
| Total return: |
142.54% |
|
| Average Annual Total Return: |
46.96% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$24,254.21 |
|
| Years: |
2.30 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
09/12/2014 |
|
| End date: |
12/30/2016 |
|
| Start price/share: |
$46.64 |
|
| End price/share: |
$107.75 |
|
| Dividends collected/share: |
$3.40 |
|
| Total return: |
138.31% |
|
| Average Annual Total Return: |
45.84% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$23,830.92 |
|
| Years: |
2.30 |
|
|
|
| Date |
Ratio |
| 03/24/1997 | 2 for 1 | | 09/08/2005 | 2 for 1 |
|
|
Free DW Email Alerts:
