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 Video: What is a Stock Split?
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| Escalade and its wholly-owned subsidiaries are engaged in the manufacture and sale of sporting goods products. Co. operates in a business segment: Sporting Goods (Escalade Sports). Escalade Sports manufactures, imports, and distributes sporting goods brands in basketball goals, archery, indoor and outdoor game recreation and fitness products through sporting goods retailers, dealers, on-line retailers, department stores and mass merchants. Co. is engaged in table tennis tables, residential in-ground basketball goals and in archery bows. Escalade Sports manufactures in the U.S. and Mexico and imports product from Asia, where Co. utilizes a number of contract manufacturers. According to our ESCA split history records, Escalade has had 3 splits. | |
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Escalade (ESCA) has 3 splits in our ESCA split history database. The first split for ESCA took place on April 01, 2002. This was a 3 for 1 split, meaning for each share of ESCA owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split. ESCA's second split took place on May 26, 2004. This was a 2 for 1 split, meaning for each share of ESCA owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split. ESCA's third split took place on March 07, 1994. This was a 115 for 100 split, meaning for each 100 shares of ESCA owned pre-split, the shareholder now owned 115 shares. For example, a 6000 share position pre-split, became a 6900 share position following the split.
When a company such as Escalade 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 ESCA split history from start to finish, an original position size of 1000 shares would have turned into 6900 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Escalade shares, starting with a $10,000 purchase of ESCA, presented on a split-history-adjusted basis factoring in the complete ESCA split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/17/2024 |
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| Start price/share: |
$15.25 |
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| End price/share: |
$14.07 |
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| Starting shares: |
655.74 |
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| Ending shares: |
958.24 |
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| Dividends reinvested/share: |
$5.06 |
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| Total return: |
34.82% |
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| Average Annual Total Return: |
3.03% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$13,476.15 |
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| Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/17/2024 |
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| Start price/share: |
$15.25 |
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| End price/share: |
$14.07 |
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| Dividends collected/share: |
$5.06 |
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| Total return: |
25.44% |
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| Average Annual Total Return: |
2.29% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$12,539.43 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 04/01/2002 | 3 for 1 | | 05/26/2004 | 2 for 1 | | 03/07/1994 | 115 for 100 |
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