 |
 Video: What is a Stock Split?
|
|
|
| Lockheed Martin is a security and aerospace company. Co. has four segments: Aeronautics, which is engaged in the research, design, development, manufacture, integration, sustainment, support and upgrade of military aircraft; Missiles and Fire Control, which provides air and missile defense systems, logistics, fire control systems, and mission operations support; Rotary and Mission Systems, which provides design, manufacture, service and support for military and commercial helicopters, radar systems, and simulation and training services; Space, which researches, designs, develops, engineers and produces satellites, space transportation systems, and strategic, strike, and defensive systems. According to our LMT split history records, Lockheed Martin has had 3 splits. |
|
|
Lockheed Martin (LMT) has 3 splits in our LMT split history database. The first split for LMT took place on September 09, 1983. This was a 3 for 1
split, meaning for each share of LMT owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split. LMT's second split took place on March 16, 1995. This was a 163 for 100
split, meaning for each 100
shares of LMT owned pre-split, the shareholder now owned 163 shares. For example, a 3000 share position pre-split, became a 4890 share position following the split. LMT's third split took place on January 04, 1999. This was a 2 for 1
split, meaning for each share of LMT owned pre-split, the shareholder now owned 2 shares. For example, a 4890 share position pre-split, became a 9780 share position following the split.
When a company such as Lockheed Martin 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 LMT split history from start to finish, an original position size of 1000 shares would have turned into 9780 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Lockheed Martin shares, starting with a $10,000 purchase of LMT, presented on a split-history-adjusted basis factoring in the complete LMT split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
08/11/2010 |
|
| End date: |
08/10/2020 |
|
| Start price/share: |
$73.12 |
|
| End price/share: |
$389.26 |
|
| Starting shares: |
136.76 |
|
| Ending shares: |
190.09 |
|
| Dividends reinvested/share: |
$61.43 |
|
| Total return: |
639.93% |
|
| Average Annual Total Return: |
22.14% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$73,969.91 |
|
| Years: |
10.01 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
08/11/2010 |
|
| End date: |
08/10/2020 |
|
| Start price/share: |
$73.12 |
|
| End price/share: |
$389.26 |
|
| Dividends collected/share: |
$61.43 |
|
| Total return: |
516.37% |
|
| Average Annual Total Return: |
19.93% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$61,618.46 |
|
| Years: |
10.01 |
|
|
|
| Date |
Ratio |
| 09/09/1983 | 3 for 1
| | 03/16/1995 | 163 for 100
| | 01/04/1999 | 2 for 1
|
|
|
