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Video: What is a Stock Split?
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Federated Investors is a provider of investment management products and related financial services. Co. sponsors, markets and provides investment-related services to various investment products, including sponsored investment companies and other funds (Federated Funds) and Separate Accounts. Co. markets these funds to banks, broker/dealers and other financial intermediaries who use them to meet the needs of customers and/or clients, including retail investors, corporations and retirement plans. Co. also provides a range of services to support the operation and administration of the Federated Funds. These services include administrative services and shareholder servicing. According to our FII split history records, FII has had 1 split. | |
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FII (FII) has 1 split in our FII split history database. The split for FII took place on July 18, 2000. This was a 3 for 2
split, meaning for each 2
shares of FII 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 FII 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 FII 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 FII shares, starting with a $10,000 purchase of FII, presented on a split-history-adjusted basis factoring in the complete FII split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
10/07/2014 |
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End date: |
01/31/2020 |
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Start price/share: |
$28.93 |
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End price/share: |
$36.23 |
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Starting shares: |
345.66 |
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Ending shares: |
433.00 |
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Dividends reinvested/share: |
$6.39 |
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Total return: |
56.88% |
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Average Annual Total Return: |
8.83% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$15,686.38 |
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Years: |
5.32 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/07/2014 |
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End date: |
01/31/2020 |
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Start price/share: |
$28.93 |
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End price/share: |
$36.23 |
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Dividends collected/share: |
$6.39 |
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Total return: |
47.32% |
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Average Annual Total Return: |
7.55% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$14,729.39 |
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Years: |
5.32 |
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Date |
Ratio |
07/18/2000 | 3 for 2
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