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 Video: What is a Stock Split?
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| Lloyds Banking Group is a holding company. Through its subsidiaries, Co. provides a range of banking and financial services in the U.K. and in certain locations overseas. Co.'s three primary operating divisions are: Retail, which provides a range of financial services products to personal customers, including current accounts, savings, mortgages, credit cards, unsecured loans, motor finance and leasing solutions; Commercial Banking, which provides lending, transactional banking, working capital management, debt financing and risk management services; and Insurance, Pensions and Investments, which provides insurance, investment and pension management products and services. According to our LYG split history records, Lloyds Banking Group has had 1 split. | |
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Lloyds Banking Group (LYG) has 1 split in our LYG split history database. The split for LYG took place on May 06, 2009. This was a 1024 for 1000 split, meaning for each 1000 shares of LYG owned pre-split, the shareholder now owned 1024 shares. For example, a 1000 share position pre-split, became a 1024 share position following the split.
When a company such as Lloyds Banking Group 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 LYG split history from start to finish, an original position size of 1000 shares would have turned into 1024 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Lloyds Banking Group shares, starting with a $10,000 purchase of LYG, presented on a split-history-adjusted basis factoring in the complete LYG split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/14/2015 |
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| End date: |
12/10/2025 |
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| Start price/share: |
$4.25 |
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| End price/share: |
$5.04 |
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| Starting shares: |
2,352.94 |
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| Ending shares: |
3,606.59 |
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| Dividends reinvested/share: |
$1.28 |
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| Total return: |
81.77% |
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| Average Annual Total Return: |
6.16% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,177.66 |
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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: |
12/14/2015 |
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| End date: |
12/10/2025 |
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| Start price/share: |
$4.25 |
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| End price/share: |
$5.04 |
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| Dividends collected/share: |
$1.28 |
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| Total return: |
48.61% |
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| Average Annual Total Return: |
4.04% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,857.86 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 05/06/2009 | 1024 for 1000 |
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