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 Video: What is a Stock Split?
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| Hubbell Incorporated is a manufacturer of utility and electrical solutions. It has two segments: Utility Solutions and Electrical Solutions. Utility Solutions segment designs, manufactures and sells a range of electrical distribution, transmission, substation and telecommunications products. This includes utility transmission and distribution components, such as arresters, insulators, connectors, anchors, bushings, enclosures, cutouts and switches. According to our HUBB split history records, Hubbell has had 1 split. | |
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Hubbell (HUBB) has 1 split in our HUBB split history database. The split for HUBB took place on August 12, 1996. This was a 2 for 1
split, meaning for each share of HUBB 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 Hubbell 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 HUBB 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 Hubbell shares, starting with a $10,000 purchase of HUBB, presented on a split-history-adjusted basis factoring in the complete HUBB split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
05/06/2015 |
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| End date: |
01/16/2025 |
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| Start price/share: |
$108.77 |
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| End price/share: |
$433.92 |
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| Starting shares: |
91.94 |
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| Ending shares: |
112.78 |
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| Dividends reinvested/share: |
$34.20 |
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| Total return: |
389.36% |
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| Average Annual Total Return: |
17.77% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$48,924.10 |
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| Years: |
9.71 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
05/06/2015 |
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| End date: |
01/16/2025 |
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| Start price/share: |
$108.77 |
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| End price/share: |
$433.92 |
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| Dividends collected/share: |
$34.20 |
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| Total return: |
330.38% |
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| Average Annual Total Return: |
16.22% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$43,020.12 |
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| Years: |
9.71 |
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| Date |
Ratio |
| 08/12/1996 | 2 for 1
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