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 Video: What is a Stock Split?
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| Fidelity D & D Bancorp, Inc. is a bank holding company. The Fidelity Deposit and Discount Bank (the Bank) is the Co.'s state-chartered commercial bank. The Bank offers a full range of traditional banking services. The Bank has a personal and corporate trust department and also provides alternative financial and insurance products with asset management services. The Bank has investment securities classified into three categories: trading, available-for-sale or held-to-maturity (HTM). The Bank service area is comprised of the Borough of Dunmore and the surrounding communities within Lackawanna and Luzerne counties in Northeastern Pennsylvania and Northampton County in Eastern Pennsylvania. According to our FDBC split history records, Fidelity D&D Bancorp has had 3 splits. | |
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Fidelity D&D Bancorp (FDBC) has 3 splits in our FDBC split history database. The first split for FDBC took place on July 13, 2000. This was a 2 for 1
split, meaning for each share of FDBC 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. FDBC's second split took place on January 26, 2006. This was a 11 for 10 split, meaning for each 10 shares of FDBC owned pre-split, the shareholder now owned 11 shares. For example, a 2000 share position pre-split, became a 2200 share position following the split. FDBC's third split took place on September 29, 2017. This was a 3 for 2 split, meaning for each 2 shares of FDBC owned pre-split, the shareholder now owned 3 shares. For example, a 2200 share position pre-split, became a 3300 share position following the split.
When a company such as Fidelity D&D Bancorp 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 FDBC split history from start to finish, an original position size of 1000 shares would have turned into 3300 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Fidelity D&D Bancorp shares, starting with a $10,000 purchase of FDBC, presented on a split-history-adjusted basis factoring in the complete FDBC split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/29/2015 |
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| End date: |
04/25/2025 |
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| Start price/share: |
$23.17 |
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| End price/share: |
$38.28 |
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| Starting shares: |
431.59 |
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| Ending shares: |
568.41 |
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| Dividends reinvested/share: |
$11.47 |
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| Total return: |
117.59% |
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| Average Annual Total Return: |
8.09% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$21,765.20 |
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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: |
04/29/2015 |
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| End date: |
04/25/2025 |
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| Start price/share: |
$23.17 |
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| End price/share: |
$38.28 |
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| Dividends collected/share: |
$11.47 |
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| Total return: |
114.73% |
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| Average Annual Total Return: |
7.94% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$21,465.12 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 07/13/2000 | 2 for 1
| | 01/26/2006 | 11 for 10 | | 09/29/2017 | 3 for 2 |
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