 |
 Video: What is a Stock Split?
|
|
|
| EMC Insurance Group is an insurance holding company. Co. conducts operations in property and casualty insurance and reinsurance through its subsidiaries. Co. primarily focuses on the sale of commercial lines of property and casualty insurance to small and medium-sized businesses. These products are sold through independent insurance agents who are supported by a decentralized network of branch offices. Co. operates through two business segments: property and casualty insurance, which writes both commercial and personal lines of insurance, with a focus on medium-sized commercial accounts; and reinsurance, which provides reinsurance for other insurers and reinsurers. According to our EMCI split history records, EMCI has had 1 split. | |
|
EMCI (EMCI) has 1 split in our EMCI split history database. The split for EMCI took place on June 24, 2015. This was a 3 for 2 split, meaning for each 2 shares of EMCI 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.
When a company such as EMCI 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 EMCI split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into EMCI shares, starting with a $10,000 purchase of EMCI, presented on a split-history-adjusted basis factoring in the complete EMCI split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
03/27/2013 |
|
| End date: |
09/19/2019 |
|
| Start price/share: |
$16.93 |
|
| End price/share: |
$36.01 |
|
| Starting shares: |
590.67 |
|
| Ending shares: |
719.36 |
|
| Dividends reinvested/share: |
$4.96 |
|
| Total return: |
159.04% |
|
| Average Annual Total Return: |
15.81% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$25,905.31 |
|
| Years: |
6.48 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
03/27/2013 |
|
| End date: |
09/19/2019 |
|
| Start price/share: |
$16.93 |
|
| End price/share: |
$36.01 |
|
| Dividends collected/share: |
$4.96 |
|
| Total return: |
142.02% |
|
| Average Annual Total Return: |
14.60% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$24,199.60 |
|
| Years: |
6.48 |
|
|
|
| Date |
Ratio |
| 06/24/2015 | 3 for 2 |
|
|
Free EMCI Email Alerts:
