 |
 Video: What is a Stock Split?
|
|
|
| Kansas City Life Insurance is a stock life insurance company. Co. operates in 48 states and the District of Columbia. Co. has three segments: Individual Insurance, which consists of individual insurance products for Co. and its subsidiary, Sunset Life Insurance Company of America; Group Insurance, which consists of group life, dental, vision, and group disability products; and Old American, which consists of individual insurance products designed as final expense products. Co. provides investment products through its wholesale broker-dealer subsidiary, Sunset Financial Services, for variable life and variable annuity products. According to our KCLI split history records, KCLI has had 1 split. | |
|
KCLI (KCLI) has 1 split in our KCLI split history database. The split for KCLI took place on June 22, 1999. This was a 2 for 1
split, meaning for each share of KCLI 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 KCLI 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 KCLI 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 KCLI shares, starting with a $10,000 purchase of KCLI, presented on a split-history-adjusted basis factoring in the complete KCLI split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
05/01/2015 |
|
| End date: |
04/29/2025 |
|
| Start price/share: |
$45.18 |
|
| End price/share: |
$29.05 |
|
| Starting shares: |
221.34 |
|
| Ending shares: |
283.48 |
|
| Dividends reinvested/share: |
$9.24 |
|
| Total return: |
-17.65% |
|
| Average Annual Total Return: |
-1.92% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$8,237.24 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
05/01/2015 |
|
| End date: |
04/29/2025 |
|
| Start price/share: |
$45.18 |
|
| End price/share: |
$29.05 |
|
| Dividends collected/share: |
$9.24 |
|
| Total return: |
-15.25% |
|
| Average Annual Total Return: |
-1.64% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$8,475.50 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 06/22/1999 | 2 for 1
|
|
|
Free KCLI Email Alerts:
