 |
 Video: What is a Stock Split?
|
|
|
| Gladstone Investment operates as an externally managed, closed-end, non-diversified management investment company. Co.'s investment objectives are to: achieve and grow income by investing in debt securities of established businesses and provides its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses, generally in combination with the aforementioned debt securities. According to our GAIN split history records, Gladstone Investment - Business Develo has had 1 split. | |
|
Gladstone Investment - Business Develo (GAIN) has 1 split in our GAIN split history database. The split for GAIN took place on March 27, 2008. This was a 1005 for 1000 split, meaning for each 1000 shares of GAIN owned pre-split, the shareholder now owned 1005 shares. For example, a 1000 share position pre-split, became a 1005 share position following the split.
When a company such as Gladstone Investment - Business Develo 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 GAIN split history from start to finish, an original position size of 1000 shares would have turned into 1005 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Gladstone Investment - Business Develo shares, starting with a $10,000 purchase of GAIN, presented on a split-history-adjusted basis factoring in the complete GAIN split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
12/14/2015 |
|
| End date: |
12/10/2025 |
|
| Start price/share: |
$7.49 |
|
| End price/share: |
$14.02 |
|
| Starting shares: |
1,335.11 |
|
| Ending shares: |
3,694.78 |
|
| Dividends reinvested/share: |
$12.41 |
|
| Total return: |
418.01% |
|
| Average Annual Total Return: |
17.88% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$51,785.19 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
12/14/2015 |
|
| End date: |
12/10/2025 |
|
| Start price/share: |
$7.49 |
|
| End price/share: |
$14.02 |
|
| Dividends collected/share: |
$12.41 |
|
| Total return: |
252.92% |
|
| Average Annual Total Return: |
13.44% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$35,278.66 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 03/27/2008 | 1005 for 1000 |
|
|
Free GAIN Email Alerts:
