 |
 Video: What is a Stock Split?
|
|
|
| Jewett-Cameron Trading is a holding company. Through its subsidiaries, Co. operates in three segments: Industrial wood products, which is conducted by Co.'s subsidiary, Greenwood Products, Inc., that is a wholesale distributor of a variety of wood products; Pet, Fencing and Other, which reflects the business of Co.'s subsidiary, Jewett-Cameron Company, which is a manufacturer and distributor of specialty products and a wholesaler of products such as an array of pet enclosures, and pet welfare and comfort products, and metal and composites; and Seed processing and sales, which is conducted by Co.'s subsidiary, Jewett-Cameron Seed Company, that processes and distributes agricultural seed. According to our JCTCF split history records, Jewett-Cameron Trading has had 5 splits. | |
|
Jewett-Cameron Trading (JCTCF) has 5 splits in our JCTCF split history database. The first split for JCTCF took place on February 27, 2003. This was a 3 for 2 split, meaning for each 2 shares of JCTCF owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. JCTCF's second split took place on March 15, 2007. This was a 3 for 2 split, meaning for each 2 shares of JCTCF owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split. JCTCF's third split took place on March 26, 2007. JCTCF's 4th split took place on May 02, 2013. This was a 2 for 1 split, meaning for each share of JCTCF owned pre-split, the shareholder now owned 2 shares. For example, a 2250 share position pre-split, became a 4500 share position following the split. JCTCF's 5th split took place on May 29, 2018. This was a 2 for 1 split, meaning for each share of JCTCF owned pre-split, the shareholder now owned 2 shares. For example, a 4500 share position pre-split, became a 9000 share position following the split.
When a company such as Jewett-Cameron Trading 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 JCTCF split history from start to finish, an original position size of 1000 shares would have turned into 9000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Jewett-Cameron Trading shares, starting with a $10,000 purchase of JCTCF, presented on a split-history-adjusted basis factoring in the complete JCTCF split history.
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
04/29/2014 |
|
| End date: |
04/25/2024 |
|
| Start price/share: |
$5.35 |
|
| End price/share: |
$5.12 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
-4.30% |
|
| Average Annual Total Return: |
-0.44% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$9,568.73 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 02/27/2003 | 3 for 2 | | 03/15/2007 | 3 for 2 | | 03/26/2007 | 1 for 1 | | 05/02/2013 | 2 for 1 | | 05/29/2018 | 2 for 1 |
|
|
