 |
 Video: What is a Stock Split?
|
|
|
| Kimball International is a commercial furnishings company. Co.'s family of brands includes Kimball, National, Etc., Interwoven, Poppin, Kimball Hospitality, and D'style. Kimball, National and Etc.'s workplace environment product offerings include desks/workstations, benching, seating, lounge, storage, tables, and casegoods. Co. provides Interwoven products designed for various types of healthcare facilities. Poppin markets and sells products online and also has showrooms for customers to view the products. Kimball Hospitality and D'Style products include, but are not limited to, headboards, tables, seating, vanities, casegoods, lighting, and products with technology features. According to our KBAL split history records, KBAL has had 1 split. | |
|
KBAL (KBAL) has 1 split in our KBAL split history database. The split for KBAL took place on November 03, 2014. This was a 1281 for 1000 split, meaning for each 1000 shares of KBAL owned pre-split, the shareholder now owned 1281 shares. For example, a 1000 share position pre-split, became a 1281 share position following the split.
When a company such as KBAL 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 KBAL split history from start to finish, an original position size of 1000 shares would have turned into 1281 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into KBAL shares, starting with a $10,000 purchase of KBAL, presented on a split-history-adjusted basis factoring in the complete KBAL split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
05/01/2015 |
|
| End date: |
06/01/2023 |
|
| Start price/share: |
$10.36 |
|
| End price/share: |
$12.30 |
|
| Starting shares: |
965.25 |
|
| Ending shares: |
1,179.43 |
|
| Dividends reinvested/share: |
$2.41 |
|
| Total return: |
45.07% |
|
| Average Annual Total Return: |
4.71% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$14,511.50 |
|
| Years: |
8.09 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
05/01/2015 |
|
| End date: |
06/01/2023 |
|
| Start price/share: |
$10.36 |
|
| End price/share: |
$12.30 |
|
| Dividends collected/share: |
$2.41 |
|
| Total return: |
41.94% |
|
| Average Annual Total Return: |
4.42% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$14,189.52 |
|
| Years: |
8.09 |
|
|
|
| Date |
Ratio |
| 11/03/2014 | 1281 for 1000 |
|
|
Free KBAL Email Alerts:
