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 Video: What is a Stock Split?
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| FRP Holdings is a holding company. Through its subsidiaries, Co. is engaged in various real estate businesses. Co.'s business segments are: leasing and management of commercial properties owned by Co.; leasing and management of mining royalty land owned by Co.; real property acquisition, entitlement, development and construction primarily for apartment, retail, warehouse, and office buildings either alone or through joint ventures; and ownership, leasing and management of buildings through joint ventures. According to our FRPH split history records, FRP Holdings has had 1 split. | |
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FRP Holdings (FRPH) has 1 split in our FRPH split history database. The split for FRPH took place on April 15, 2024. This was a 2 for 1 split, meaning for each share of FRPH 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 FRP Holdings 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 FRPH 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 FRP Holdings shares, starting with a $10,000 purchase of FRPH, presented on a split-history-adjusted basis factoring in the complete FRPH split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/24/2014 |
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| End date: |
04/22/2024 |
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| Start price/share: |
$18.07 |
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| End price/share: |
$30.13 |
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| Starting shares: |
553.40 |
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| Ending shares: |
661.00 |
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| Dividends reinvested/share: |
$3.00 |
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| Total return: |
99.16% |
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| Average Annual Total Return: |
7.13% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,915.58 |
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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: |
04/24/2014 |
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| End date: |
04/22/2024 |
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| Start price/share: |
$18.07 |
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| End price/share: |
$30.13 |
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| Dividends collected/share: |
$3.00 |
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| Total return: |
83.34% |
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| Average Annual Total Return: |
6.25% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,338.40 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 04/15/2024 | 2 for 1 |
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