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 Video: What is a Stock Split?
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| Guaranty Federal Bancshares is a bank holding company. Through its subsidiary, Guaranty Bank (the Bank), Co. is engaged in accepting retail deposits from the general public and investing those deposits, together with funds generated from operations, in commercial real estate loans, multi-family residential mortgage loans, construction loans, permanent one- to four-family residential mortgage loans, business, consumer and other loans. The Bank invests in mortgage-backed securities, U.S. Government and federal agency securities and other marketable securities. The Bank provides checking accounts, money markets, savings, fixed-term certificates of deposit and individual retirement accounts. According to our GFED split history records, GFED has had 1 split. | |
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GFED (GFED) has 1 split in our GFED split history database. The split for GFED took place on December 31, 1997. This was a 1931 for 1000
split, meaning for each 1000
shares of GFED owned pre-split, the shareholder now owned 1931 shares. For example, a 1000 share position pre-split, became a 1931 share position following the split.
When a company such as GFED 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 GFED split history from start to finish, an original position size of 1000 shares would have turned into 1931 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into GFED shares, starting with a $10,000 purchase of GFED, presented on a split-history-adjusted basis factoring in the complete GFED split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
05/01/2015 |
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| End date: |
03/31/2022 |
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| Start price/share: |
$14.86 |
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| End price/share: |
$31.43 |
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| Starting shares: |
672.95 |
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| Ending shares: |
789.66 |
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| Dividends reinvested/share: |
$3.17 |
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| Total return: |
148.19% |
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| Average Annual Total Return: |
14.04% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$24,823.74 |
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| Years: |
6.92 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
05/01/2015 |
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| End date: |
03/31/2022 |
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| Start price/share: |
$14.86 |
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| End price/share: |
$31.43 |
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| Dividends collected/share: |
$3.17 |
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| Total return: |
132.84% |
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| Average Annual Total Return: |
12.99% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$23,284.45 |
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| Years: |
6.92 |
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| Date |
Ratio |
| 12/31/1997 | 1931 for 1000
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