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Video: What is a Stock Split?
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Hooker Furnishings Corporation is a designer, marketer, and importer of various furniture types, including casegoods, leather, and fabric-upholstered pieces, along with lighting and home decor for residential, hospitality, and contract markets. The company operates through three main segments: Hooker Branded, which encompasses Hooker Casegoods and Hooker Upholstery, offering upper-medium priced furniture for home entertainment, offices, and dining; Home Meridian, which includes brands like Pulaski and Samuel Lawrence; and Domestic Upholstery, featuring Bradington-Young and Shenandoah Furniture. This diverse portfolio caters to a wide range of consumer needs and preferences. According to our HOFT split history records, Hooker Furnishings has had 1 split. | |
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Hooker Furnishings (HOFT) has 1 split in our HOFT split history database. The split for HOFT took place on February 02, 2004. This was a 2 for 1 split, meaning for each share of HOFT 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 Hooker Furnishings 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 HOFT 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 Hooker Furnishings shares, starting with a $10,000 purchase of HOFT, presented on a split-history-adjusted basis factoring in the complete HOFT split history.

Growth of $10,000.00
With Dividends Reinvested
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Start date: |
02/20/2015 |
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End date: |
02/18/2025 |
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Start price/share: |
$18.50 |
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End price/share: |
$13.05 |
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Starting shares: |
540.54 |
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Ending shares: |
721.14 |
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Dividends reinvested/share: |
$6.53 |
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Total return: |
-5.89% |
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Average Annual Total Return: |
-0.61% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$9,406.32 |
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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: |
02/20/2015 |
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End date: |
02/18/2025 |
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Start price/share: |
$18.50 |
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End price/share: |
$13.05 |
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Dividends collected/share: |
$6.53 |
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Total return: |
5.84% |
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Average Annual Total Return: |
0.57% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,585.01 |
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Years: |
10.00 |
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Date |
Ratio |
02/02/2004 | 2 for 1 |
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