 |
 Video: What is a Stock Split?
|
|
|
| First Defiance Financial is a holding company. Through its subsidiaries, First Federal Bank of the Midwest (First Federal), First Insurance Group of the Midwest, Inc., and First Defiance Risk Management Inc., Co. focuses on banking and property, casualty, life and group health insurance products. First Federal is a federally chartered stock savings bank. First Federal is primarily engaged in community banking. It accepts deposits from the general public through its offices and website, and uses those and other available sources of funds to originate residential real estate loans, commercial real estate loans, commercial loans, home improvement and home equity loans and consumer loans. According to our FDEF split history records, FDEF has had 1 split. | |
|
FDEF (FDEF) has 1 split in our FDEF split history database. The split for FDEF took place on July 13, 2018. This was a 2 for 1 split, meaning for each share of FDEF 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.
When a company such as FDEF 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 FDEF split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into FDEF shares, starting with a $10,000 purchase of FDEF, presented on a split-history-adjusted basis factoring in the complete FDEF split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
12/11/2014 |
|
| End date: |
06/19/2020 |
|
| Start price/share: |
$15.86 |
|
| End price/share: |
$18.12 |
|
| Starting shares: |
630.52 |
|
| Ending shares: |
721.99 |
|
| Dividends reinvested/share: |
$3.20 |
|
| Total return: |
30.82% |
|
| Average Annual Total Return: |
4.98% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$13,079.09 |
|
| Years: |
5.52 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
12/11/2014 |
|
| End date: |
06/19/2020 |
|
| Start price/share: |
$15.86 |
|
| End price/share: |
$18.12 |
|
| Dividends collected/share: |
$3.20 |
|
| Total return: |
34.41% |
|
| Average Annual Total Return: |
5.50% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$13,440.95 |
|
| Years: |
5.52 |
|
|
|
| Date |
Ratio |
| 07/13/2018 | 2 for 1 |
|
|
Free FDEF Email Alerts:
