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Video: What is a Stock Split?
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HP is a provider of personal computing and other access devices, imaging and printing-related products and services. Co. sells to individual consumers, small- and medium-sized businesses and enterprises. Co. has three reportable segments: Personal Systems, which provides commercial and consumer desktop and notebook personal computers, workstations, thin clients, commercial mobility devices, retail point-of-sale systems, displays and peripherals, software, support and services; Printing, which provides consumer and commercial printer hardware, supplies, services and solutions; and Corporate Investments, which includes HP Labs and certain business incubation and investment projects. According to our HPQ split history records, HP has had 1 split. | |
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HP (HPQ) has 1 split in our HPQ split history database. The split for HPQ took place on November 02, 2015. This was a 2202 for 1000 split, meaning for each 1000 shares of HPQ owned pre-split, the shareholder now owned 2202 shares. For example, a 1000 share position pre-split, became a 2202 share position following the split.
When a company such as HP 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 HPQ split history from start to finish, an original position size of 1000 shares would have turned into 2202 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into HP shares, starting with a $10,000 purchase of HPQ, presented on a split-history-adjusted basis factoring in the complete HPQ split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
11/11/2014 |
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End date: |
11/07/2024 |
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Start price/share: |
$16.69 |
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End price/share: |
$37.34 |
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Starting shares: |
599.16 |
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Ending shares: |
816.48 |
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Dividends reinvested/share: |
$7.16 |
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Total return: |
204.88% |
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Average Annual Total Return: |
11.80% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$30,498.98 |
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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: |
11/11/2014 |
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End date: |
11/07/2024 |
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Start price/share: |
$16.69 |
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End price/share: |
$37.34 |
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Dividends collected/share: |
$7.16 |
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Total return: |
166.66% |
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Average Annual Total Return: |
10.31% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$26,670.56 |
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Years: |
10.00 |
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Date |
Ratio |
11/02/2015 | 2202 for 1000 |
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