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 Video: What is a Stock Split?
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| Landmark Bancorp is a financial holding company. Co. is engaged in the banking business through its subsidiary, Landmark National Bank (the Bank), and in the insurance business through its subsidiary, Landmark Risk Management, Inc. The Bank is principally engaged in the business of accepting deposits from the general public and using such deposits, together with borrowings and other funds, to originate one-to-four family residential real estate, construction and land, commercial real estate, commercial, agriculture, municipal and consumer loans. Co. does invests in certain investment and mortgage-related securities using deposits and other borrowings as funding sources. According to our LARK split history records, Landmark Bancorp has had 16 splits. | |
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Landmark Bancorp (LARK) has 16 splits in our LARK split history database. The first split for LARK took place on December 12, 2001. This was a 105 for 100 split, meaning for each 100 shares of LARK owned pre-split, the shareholder now owned 105 shares. For example, a 1000 share position pre-split, became a 1050 share position following the split. LARK's second split took place on December 02, 2002. This was a 105 for 100 split, meaning for each 100 shares of LARK owned pre-split, the shareholder now owned 105 shares. For example, a 1050 share position pre-split, became a 1102.5 share position following the split. LARK's third split took place on December 01, 2003. This was a 105 for 100 split, meaning for each 100 shares of LARK owned pre-split, the shareholder now owned 105 shares. For example, a 1102.5 share position pre-split, became a 1157.625 share position following the split. LARK's 4th split took place on November 29, 2004. This was a 105 for 100 split, meaning for each 100 shares of LARK owned pre-split, the shareholder now owned 105 shares. For example, a 1157.625 share position pre-split, became a 1215.50625 share position following the split. LARK's 5th split took place on December 01, 2005. This was a 105 for 100 split, meaning for each 100 shares of LARK owned pre-split, the shareholder now owned 105 shares. For example, a 1215.50625 share position pre-split, became a 1276.2815625 share position following the split. LARK's 6th split took place on December 05, 2006. This was a 105 for 100 split, meaning for each 100 shares of LARK owned pre-split, the shareholder now owned 105 shares. For example, a 1276.2815625 share position pre-split, became a 1340.095640625 share position following the split. LARK's 7th split took place on November 29, 2007. This was a 105 for 100 split, meaning for each 100 shares of LARK owned pre-split, the shareholder now owned 105 shares. For example, a 1340.095640625 share position pre-split, became a 1407.10042265625 share position following the split. LARK's 8th split took place on November 26, 2008. This was a 105 for 100 split, meaning for each 100 shares of LARK owned pre-split, the shareholder now owned 105 shares. For example, a 1407.10042265625 share position pre-split, became a 1477.45544378906 share position following the split. LARK's 9th split took place on November 27, 2009. This was a 105 for 100 split, meaning for each 100 shares of LARK owned pre-split, the shareholder now owned 105 shares. For example, a 1477.45544378906 share position pre-split, became a 1551.32821597852 share position following the split. LARK's 10th split took place on November 29, 2011. This was a 21 for 20 split, meaning for each 20 shares of LARK owned pre-split, the shareholder now owned 21 shares. For example, a 1551.32821597852 share position pre-split, became a 1628.89462677744 share position following the split. LARK's 11th split took place on November 29, 2010. This was a 105 for 100 split, meaning for each 100 shares of LARK owned pre-split, the shareholder now owned 105 shares. For example, a 1628.89462677744 share position pre-split, became a 1710.33935811631 share position following the split. LARK's 12th split took place on November 29, 2012. This was a 21 for 20 split, meaning for each 20 shares of LARK owned pre-split, the shareholder now owned 21 shares. For example, a 1710.33935811631 share position pre-split, became a 1795.85632602213 share position following the split. LARK's 13th split took place on November 27, 2013. This was a 105 for 100 split, meaning for each 100 shares of LARK owned pre-split, the shareholder now owned 105 shares. For example, a 1795.85632602213 share position pre-split, became a 1885.64914232324 share position following the split. LARK's 14th split took place on November 30, 2018. This was a 105 for 100 split, meaning for each 100 shares of LARK owned pre-split, the shareholder now owned 105 shares. For example, a 1885.64914232324 share position pre-split, became a 1979.9315994394 share position following the split. LARK's 15th split took place on November 29, 2019. This was a 105 for 100 split, meaning for each 100 shares of LARK owned pre-split, the shareholder now owned 105 shares. For example, a 1979.9315994394 share position pre-split, became a 2078.92817941137 share position following the split. LARK's 16th split took place on November 30, 2021. This was a 105 for 100 split, meaning for each 100 shares of LARK owned pre-split, the shareholder now owned 105 shares. For example, a 2078.92817941137 share position pre-split, became a 2182.87458838194 share position following the split.
When a company such as Landmark Bancorp 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 LARK split history from start to finish, an original position size of 1000 shares would have turned into 2182.87458838194 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Landmark Bancorp shares, starting with a $10,000 purchase of LARK, presented on a split-history-adjusted basis factoring in the complete LARK split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/02/2013 |
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| End date: |
11/29/2023 |
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| Start price/share: |
$17.11 |
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| End price/share: |
$19.60 |
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| Starting shares: |
584.45 |
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| Ending shares: |
807.70 |
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| Dividends reinvested/share: |
$7.32 |
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| Total return: |
58.31% |
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| Average Annual Total Return: |
4.70% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,827.49 |
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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: |
12/02/2013 |
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| End date: |
11/29/2023 |
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| Start price/share: |
$17.11 |
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| End price/share: |
$19.60 |
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| Dividends collected/share: |
$7.32 |
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| Total return: |
57.31% |
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| Average Annual Total Return: |
4.64% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,737.05 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 12/12/2001 | 105 for 100 | | 12/02/2002 | 105 for 100 | | 12/01/2003 | 105 for 100 | | 11/29/2004 | 105 for 100 | | 12/01/2005 | 105 for 100 | | 12/05/2006 | 105 for 100 | | 11/29/2007 | 105 for 100 | | 11/26/2008 | 105 for 100 | | 11/27/2009 | 105 for 100 | | 11/29/2011 | 21 for 20 | | 11/29/2010 | 105 for 100 | | 11/29/2012 | 21 for 20 | | 11/27/2013 | 105 for 100 | | 11/30/2018 | 105 for 100 | | 11/29/2019 | 105 for 100 | | 11/30/2021 | 105 for 100 |
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