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 Video: What is a Stock Split?
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| National Beverage is a holding company. Through its subsidiaries, Co. develops, produces, markets and sells sparkling waters, juices, energy drinks and carbonated soft drinks. Co.'s brands consist of beverages geared to the active and health-conscious consumer (Power+ Brands) including sparkling waters, energy drinks, and juices. Co.'s portfolio of Power+ Brands includes LaCroix®, LaCroix Curate®, and LaCroix NiCola® sparkling water products; Clear Fruit®; Rip It® energy drinks and shots; and Everfresh®, Everfresh Premier Varietals™ and Mr. Pure® 100% juice and juice-based products. Additionally, Co. produces and distributes carbonated soft drinks including Shasta® and Faygo® brands. According to our FIZZ split history records, National Beverage has had 3 splits. | |
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National Beverage (FIZZ) has 3 splits in our FIZZ split history database. The first split for FIZZ took place on November 10, 1994. This was a 4 for 1
split, meaning for each share of FIZZ owned pre-split, the shareholder now owned 4 shares. For example, a 1000 share position pre-split, became a 4000 share position following the split. FIZZ's second split took place on October 28, 1996. This was a 2 for 1
split, meaning for each share of FIZZ owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. FIZZ's third split took place on February 22, 2021. This was a 2 for 1 split, meaning for each share of FIZZ owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split.
When a company such as National Beverage 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 FIZZ split history from start to finish, an original position size of 1000 shares would have turned into 16000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into National Beverage shares, starting with a $10,000 purchase of FIZZ, presented on a split-history-adjusted basis factoring in the complete FIZZ 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: |
04/18/2024 |
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| Start price/share: |
$10.30 |
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| End price/share: |
$44.73 |
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| Starting shares: |
970.87 |
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| Ending shares: |
1,186.22 |
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| Dividends reinvested/share: |
$8.95 |
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| Total return: |
430.59% |
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| Average Annual Total Return: |
18.17% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$53,073.01 |
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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: |
04/22/2014 |
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| End date: |
04/18/2024 |
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| Start price/share: |
$10.30 |
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| End price/share: |
$44.73 |
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| Dividends collected/share: |
$8.95 |
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| Total return: |
421.17% |
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| Average Annual Total Return: |
17.96% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$52,137.61 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 11/10/1994 | 4 for 1
| | 10/28/1996 | 2 for 1
| | 02/22/2021 | 2 for 1 |
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