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 Video: What is a Stock Split?
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| Lifetime Brands designs, sources and sells branded kitchenware, tableware and other products used in the home and markets its products under a number of brand names and trademarks. Co.'s product categories include products used to prepare, serve and consume foods, Kitchenware (kitchen tools and gadgets, cutlery, kitchen scales, thermometers, cutting boards, shears, cookware, pantryware, spice racks and bakeware) and Tableware (dinnerware, stemware, flatware and giftware); and one category, Home Solutions, which comprises other products used in the home (thermal beverageware, bath scales, weather and outdoor household products, food storage, neoprene travel products and home decor). According to our LCUT split history records, Lifetime Brands has had 2 splits. | |
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Lifetime Brands (LCUT) has 2 splits in our LCUT split history database. The first split for LCUT took place on December 06, 1993. This was a 3 for 2
split, meaning for each 2
shares of LCUT owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. LCUT's second split took place on February 13, 1997. This was a 11 for 10
split, meaning for each 10
shares of LCUT owned pre-split, the shareholder now owned 11 shares. For example, a 1500 share position pre-split, became a 1650 share position following the split.
When a company such as Lifetime Brands 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 LCUT split history from start to finish, an original position size of 1000 shares would have turned into 1650 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Lifetime Brands shares, starting with a $10,000 purchase of LCUT, presented on a split-history-adjusted basis factoring in the complete LCUT split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/10/2013 |
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| End date: |
12/06/2023 |
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| Start price/share: |
$14.51 |
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| End price/share: |
$6.42 |
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| Starting shares: |
689.18 |
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| Ending shares: |
801.40 |
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| Dividends reinvested/share: |
$1.68 |
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| Total return: |
-48.55% |
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| Average Annual Total Return: |
-6.43% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$5,146.65 |
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| Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/10/2013 |
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| End date: |
12/06/2023 |
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| Start price/share: |
$14.51 |
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| End price/share: |
$6.42 |
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| Dividends collected/share: |
$1.68 |
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| Total return: |
-44.15% |
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| Average Annual Total Return: |
-5.66% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$5,585.95 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 12/06/1993 | 3 for 2
| | 02/13/1997 | 11 for 10
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