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Video: What is a Stock Split?
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Kronos Worldwide is a producer and marketer of titanium dioxide pigments (TiO2), a base industrial product used in a range of applications. Co., along with its distributors and agents, sells and provides technical services for its products to customers in Europe, North America and Asia Pacific region. Co. provides its customers a portfolio of products that include different TiO2 pigment grades under the KRONOS® trademark. Some of the principal applications for Co.'s products include: TiO2 for coatings; TiO2 for plastics; TiO2 for paper; and TiO2 for other applications such as printing inks, textile, cosmetic and personal care products, food products, and tablet and capsule coatings. According to our KRO split history records, Kronos Worldwide has had 1 split. | |
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Kronos Worldwide (KRO) has 1 split in our KRO split history database. The split for KRO took place on May 23, 2011. This was a 2 for 1 split, meaning for each share of KRO 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 Kronos Worldwide 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 KRO 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 Kronos Worldwide shares, starting with a $10,000 purchase of KRO, presented on a split-history-adjusted basis factoring in the complete KRO split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/25/2024 |
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Start price/share: |
$15.79 |
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End price/share: |
$11.36 |
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Starting shares: |
633.31 |
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Ending shares: |
1,126.97 |
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Dividends reinvested/share: |
$6.80 |
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Total return: |
28.02% |
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Average Annual Total Return: |
2.50% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,799.98 |
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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: |
04/29/2014 |
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End date: |
04/25/2024 |
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Start price/share: |
$15.79 |
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End price/share: |
$11.36 |
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Dividends collected/share: |
$6.80 |
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Total return: |
15.01% |
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Average Annual Total Return: |
1.41% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$11,502.47 |
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Years: |
10.00 |
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Date |
Ratio |
05/23/2011 | 2 for 1 |
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