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 Video: What is a Stock Split?
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| Lincoln National is a holding company. Through its subsidiaries, Co. operates several insurance and retirement businesses. Co. has four segments: Annuities, which provides tax-deferred investment growth and lifetime income opportunities for its clients by providing variable annuities, fixed (including indexed) annuities and indexed variable annuities; Retirement Plan Services, which provides employers with retirement plan products and services, primarily in the defined contribution retirement plan marketplace; Life Insurance, which focuses on the creation and protection of wealth for its clients; and Group Protection, which provides group non-medical insurance products and services. According to our LNC split history records, Lincoln National has had 2 splits. | |
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Lincoln National (LNC) has 2 splits in our LNC split history database. The first split for LNC took place on June 28, 1993. This was a 2 for 1
split, meaning for each share of LNC 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. LNC's second split took place on June 22, 1999. This was a 2 for 1
split, meaning for each share of LNC 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.
When a company such as Lincoln National 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 LNC split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Lincoln National shares, starting with a $10,000 purchase of LNC, presented on a split-history-adjusted basis factoring in the complete LNC split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/12/2014 |
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| End date: |
09/10/2024 |
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| Start price/share: |
$54.85 |
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| End price/share: |
$28.87 |
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| Starting shares: |
182.32 |
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| Ending shares: |
251.33 |
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| Dividends reinvested/share: |
$14.15 |
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| Total return: |
-27.44% |
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| Average Annual Total Return: |
-3.16% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$7,252.87 |
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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: |
09/12/2014 |
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| End date: |
09/10/2024 |
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| Start price/share: |
$54.85 |
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| End price/share: |
$28.87 |
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| Dividends collected/share: |
$14.15 |
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| Total return: |
-21.57% |
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| Average Annual Total Return: |
-2.40% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$7,842.77 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 06/28/1993 | 2 for 1
| | 06/22/1999 | 2 for 1
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