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 Video: What is a Stock Split?
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| Kelly Services is a workforce solutions company. Co.'s segments include: Professional and Industrial, which delivers staffing, outcome-based and direct-hire services focused on office, professional, light industrial and contact center areas in the U.S. and Canada; Science, Engineering and Technology, which delivers staffing, outcome-based and direct-hire services focused on science and clinical research, engineering, technology and telecommunications areas in the U.S. and Canada; Education, which delivers staffing, direct-hire and executive search services to higher education in the U.S.; and International, which delivers staffing and direct-hire services in Europe, as well as in Mexico. According to our KELYA split history records, Kelly Services has had 1 split. | |
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Kelly Services (KELYA) has 1 split in our KELYA split history database. The split for KELYA took place on June 14, 1993. This was a 5 for 4
split, meaning for each 4
shares of KELYA owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1250 share position following the split.
When a company such as Kelly Services 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 KELYA split history from start to finish, an original position size of 1000 shares would have turned into 1250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Kelly Services shares, starting with a $10,000 purchase of KELYA, presented on a split-history-adjusted basis factoring in the complete KELYA split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/24/2013 |
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| End date: |
09/21/2023 |
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| Start price/share: |
$19.98 |
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| End price/share: |
$18.46 |
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| Starting shares: |
500.50 |
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| Ending shares: |
560.68 |
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| Dividends reinvested/share: |
$2.30 |
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| Total return: |
3.50% |
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| Average Annual Total Return: |
0.34% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$10,345.15 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
09/24/2013 |
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| End date: |
09/21/2023 |
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| Start price/share: |
$19.98 |
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| End price/share: |
$18.46 |
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| Dividends collected/share: |
$2.30 |
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| Total return: |
3.90% |
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| Average Annual Total Return: |
0.38% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$10,386.46 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 06/14/1993 | 5 for 4
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