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 Video: What is a Stock Split?
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| LTC Properties is a real estate investment trust that invests in seniors housing and health care properties through sale-leasebacks, mortgage financing, joint ventures, construction financing and structured finance solutions including preferred equity. Co.'s real estate investments include the following types of properties: skilled nursing centers, which provide restorative, rehabilitative and nursing care for people not requiring the extensive treatment available at acute care hospitals; assisted living communities, which serve people who require assistance with activities of daily living; and independent living communities, which provide a sense of community and various levels of service. According to our LTC split history records, LTC Properties has had 1 split. | |
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LTC Properties (LTC) has 1 split in our LTC split history database. The split for LTC took place on October 01, 1998. This was a 11 for 10
split, meaning for each 10
shares of LTC owned pre-split, the shareholder now owned 11 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split.
When a company such as LTC Properties 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 LTC split history from start to finish, an original position size of 1000 shares would have turned into 1100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into LTC Properties shares, starting with a $10,000 purchase of LTC, presented on a split-history-adjusted basis factoring in the complete LTC split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/17/2014 |
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| End date: |
09/13/2024 |
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| Start price/share: |
$38.71 |
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| End price/share: |
$37.69 |
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| Starting shares: |
258.33 |
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| Ending shares: |
451.72 |
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| Dividends reinvested/share: |
$22.42 |
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| Total return: |
70.25% |
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| Average Annual Total Return: |
5.47% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$17,030.45 |
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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: |
09/17/2014 |
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| End date: |
09/13/2024 |
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| Start price/share: |
$38.71 |
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| End price/share: |
$37.69 |
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| Dividends collected/share: |
$22.42 |
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| Total return: |
55.28% |
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| Average Annual Total Return: |
4.50% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,527.82 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 10/01/1998 | 11 for 10
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