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 Video: What is a Stock Split?
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| Linear Technology designs, manufactures and markets a range of analog integrated circuits. Co.'s products provide a bridge between its analog world and the digital electronics in communications, networking, industrial, transportation, computer, medical, instrumentation, consumer, and military and aerospace systems. Co. produces power management, data conversion, signal conditioning, radio frequency and interface integrated circuits, µModule® subsystems, and wireless sensor network products. Co.'s other linear circuits include buffers, power monitors, motor controllers, coulomb counters, diodes/bridges, hot swap circuits, comparators, sample-and-hold devices, timers, drivers and filters. According to our LLTC split history records, LLTC has had 4 splits. | |
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LLTC (LLTC) has 4 splits in our LLTC split history database. The first split for LLTC took place on November 25, 1992. This was a 2 for 1
split, meaning for each share of LLTC 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. LLTC's second split took place on September 05, 1995. This was a 2 for 1
split, meaning for each share of LLTC owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. LLTC's third split took place on February 22, 1999. This was a 2 for 1
split, meaning for each share of LLTC owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. LLTC's 4th split took place on March 28, 2000. This was a 2 for 1
split, meaning for each share of LLTC owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split.
When a company such as LLTC 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 LLTC split history from start to finish, an original position size of 1000 shares would have turned into 16000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into LLTC shares, starting with a $10,000 purchase of LLTC, presented on a split-history-adjusted basis factoring in the complete LLTC split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
03/27/2013 |
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| End date: |
03/10/2017 |
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| Start price/share: |
$37.95 |
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| End price/share: |
$65.00 |
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| Starting shares: |
263.50 |
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| Ending shares: |
291.71 |
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| Dividends reinvested/share: |
$4.67 |
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| Total return: |
89.61% |
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| Average Annual Total Return: |
17.55% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,958.86 |
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| Years: |
3.96 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
03/27/2013 |
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| End date: |
03/10/2017 |
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| Start price/share: |
$37.95 |
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| End price/share: |
$65.00 |
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| Dividends collected/share: |
$4.67 |
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| Total return: |
83.58% |
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| Average Annual Total Return: |
16.60% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,359.90 |
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| Years: |
3.96 |
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| Date |
Ratio |
| 11/25/1992 | 2 for 1
| | 09/05/1995 | 2 for 1
| | 02/22/1999 | 2 for 1
| | 03/28/2000 | 2 for 1
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