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 Video: What is a Stock Split?
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| KMG Chemicals produces and distributes specialty chemicals and performance materials for the semiconductor, industrial wood preservation and pipeline and energy markets. Co.'s electronic chemicals platform sells high-purity process chemicals to semiconductor manufacturers. In its pipeline performance business, Co. supplies drag-reducing agents, industrial valve lubricants, cleaners and sealants, and related services and equipment, including routine and emergency valve maintenance services and training, to the pipeline and oilfield energy markets. In its wood treating chemicals business, Co. supplies penta to industrial customers who use this preservative to pressure treat wood products. According to our KMG split history records, KMG has had 1 split. | |
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KMG (KMG) has 1 split in our KMG split history database. The split for KMG took place on June 15, 2006. This was a 2 for 1 split, meaning for each share of KMG 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 KMG 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 KMG 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 KMG shares, starting with a $10,000 purchase of KMG, presented on a split-history-adjusted basis factoring in the complete KMG split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
12/17/2018 |
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| Start price/share: |
$16.83 |
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| End price/share: |
$76.14 |
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| Starting shares: |
594.18 |
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| Ending shares: |
605.30 |
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| Dividends reinvested/share: |
$0.54 |
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| Total return: |
360.88% |
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| Average Annual Total Return: |
38.83% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$46,091.51 |
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| Years: |
4.66 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
12/17/2018 |
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| Start price/share: |
$16.83 |
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| End price/share: |
$76.14 |
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| Dividends collected/share: |
$0.54 |
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| Total return: |
355.61% |
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| Average Annual Total Return: |
38.49% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$45,568.12 |
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| Years: |
4.66 |
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| Date |
Ratio |
| 06/15/2006 | 2 for 1 |
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