 |
 Video: What is a Stock Split?
|
|
|
| Jacksonville Bancorp is a bank holding company. Through its subsidiary, Jacksonville Savings Bank, Co. is engaged primarily in the business of accepting retail deposits from the public in its market area and using such funds, together with borrowings and funds from other sources, to originate mortgage loans secured by one- to four-family residential real estate, commercial and agricultural real estate and home equity loans. Co. also originates commercial and agricultural business loans and consumer loans. Additionally, Co. invests in U.S. Government agency securities and mortgage-backed securities. At Dec 31 2016, Co. had total assets of $319.3 and total deposits of $258.7 million. According to our JXSB split history records, JXSB has had 1 split. | |
|
JXSB (JXSB) has 1 split in our JXSB split history database. The split for JXSB took place on January 09, 1998. This was a 3 for 2
split, meaning for each 2
shares of JXSB 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.
When a company such as JXSB 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 JXSB split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into JXSB shares, starting with a $10,000 purchase of JXSB, presented on a split-history-adjusted basis factoring in the complete JXSB split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
09/12/2014 |
|
| End date: |
06/05/2018 |
|
| Start price/share: |
$22.50 |
|
| End price/share: |
$33.65 |
|
| Starting shares: |
444.44 |
|
| Ending shares: |
485.21 |
|
| Dividends reinvested/share: |
$2.38 |
|
| Total return: |
63.27% |
|
| Average Annual Total Return: |
14.04% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$16,327.11 |
|
| Years: |
3.73 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
09/12/2014 |
|
| End date: |
06/05/2018 |
|
| Start price/share: |
$22.50 |
|
| End price/share: |
$33.65 |
|
| Dividends collected/share: |
$2.38 |
|
| Total return: |
60.13% |
|
| Average Annual Total Return: |
13.45% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$16,014.13 |
|
| Years: |
3.73 |
|
|
|
| Date |
Ratio |
| 01/09/1998 | 3 for 2
|
|
|
Free JXSB Email Alerts:
