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 Video: What is a Stock Split?
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| The Hartford Financial Services Group, Inc. is a holding company. Co.'s segments include Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits and Hartford Funds. The Commercial Lines segment provides a variety of insurance products and risk management services in the U.S. and internationally. Personal Lines segment provides automobile, homeowners and personal umbrella coverage to individuals across the U.S.. The Property & Casualty Other Operations segment includes certain property and casualty operations. According to our HIG split history records, Hartford Insurance Group has had 1 split. | |
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Hartford Insurance Group (HIG) has 1 split in our HIG split history database. The split for HIG took place on July 16, 1998. This was a 2 for 1
split, meaning for each share of HIG 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 Hartford Insurance Group 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 HIG 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 Hartford Insurance Group shares, starting with a $10,000 purchase of HIG, presented on a split-history-adjusted basis factoring in the complete HIG split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/29/2015 |
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| End date: |
04/25/2025 |
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| Start price/share: |
$41.37 |
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| End price/share: |
$118.76 |
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| Starting shares: |
241.72 |
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| Ending shares: |
300.14 |
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| Dividends reinvested/share: |
$13.21 |
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| Total return: |
256.45% |
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| Average Annual Total Return: |
13.56% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$35,653.53 |
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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: |
04/29/2015 |
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| End date: |
04/25/2025 |
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| Start price/share: |
$41.37 |
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| End price/share: |
$118.76 |
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| Dividends collected/share: |
$13.21 |
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| Total return: |
219.00% |
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| Average Annual Total Return: |
12.30% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$31,890.37 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 07/16/1998 | 2 for 1
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