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 Video: What is a Stock Split?
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| Educational Development is the publisher of Kane Miller children's books; Learning Wrap-Ups, maker of educational manipulatives; and SmartLab Toys, maker of STEAM-based toys and games. Co. is also the U.S. Multi-Level Marketing distributor of Usborne Publishing Limited children's books. Co. sells children's books educational toys and games and other related products through two business segments: Direct Sales Division, which sells Co.'s books and products through independent brand partners direct to the customer; and Publishing Division, which markets through commissioned trade representatives who call on retail book, toy and stores along with other retail outlets. According to our EDUC split history records, Educational Development has had 2 splits. | |
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Educational Development (EDUC) has 2 splits in our EDUC split history database. The first split for EDUC took place on April 16, 1996. This was a 2 for 1
split, meaning for each share of EDUC 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. EDUC's second split took place on August 23, 2018. This was a 2 for 1 split, meaning for each share of EDUC 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 Educational Development 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 EDUC 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 Educational Development shares, starting with a $10,000 purchase of EDUC, presented on a split-history-adjusted basis factoring in the complete EDUC split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/17/2014 |
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| End date: |
09/13/2024 |
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| Start price/share: |
$2.39 |
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| End price/share: |
$2.15 |
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| Starting shares: |
4,184.10 |
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| Ending shares: |
5,258.42 |
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| Dividends reinvested/share: |
$1.56 |
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| Total return: |
13.06% |
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| Average Annual Total Return: |
1.24% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,311.15 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
09/17/2014 |
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| End date: |
09/13/2024 |
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| Start price/share: |
$2.39 |
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| End price/share: |
$2.15 |
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| Dividends collected/share: |
$1.56 |
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| Total return: |
55.23% |
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| Average Annual Total Return: |
4.50% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,527.82 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 04/16/1996 | 2 for 1
| | 08/23/2018 | 2 for 1 |
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