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 Video: What is a Stock Split?
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| LSI Industries Inc. is a producer of non-residential lighting and retail display solutions. Co. operates through two segments: Lighting and Display Solutions. The Lighting Segment manufactures, markets, and sells outdoor and indoor lighting fixtures and control solutions in the vertical markets: refueling and convenience store, parking lot and garage, quick-service restaurant, retail, grocery and pharmacy, automotive dealership, sports court and field, and warehouse. According to our LYTS split history records, LSI Industries has had 3 splits. | |
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LSI Industries (LYTS) has 3 splits in our LYTS split history database. The first split for LYTS took place on August 16, 1995. This was a 3 for 2
split, meaning for each 2
shares of LYTS owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. LYTS's second split took place on December 07, 2001. This was a 3 for 2 split, meaning for each 2 shares of LYTS owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split. LYTS's third split took place on November 17, 2003. This was a 5 for 4 split, meaning for each 4 shares of LYTS owned pre-split, the shareholder now owned 5 shares. For example, a 2250 share position pre-split, became a 2812.5 share position following the split.
When a company such as LSI Industries 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 LYTS split history from start to finish, an original position size of 1000 shares would have turned into 2812.5 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into LSI Industries shares, starting with a $10,000 purchase of LYTS, presented on a split-history-adjusted basis factoring in the complete LYTS split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/16/2014 |
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| End date: |
12/13/2024 |
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| Start price/share: |
$6.42 |
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| End price/share: |
$20.12 |
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| Starting shares: |
1,557.63 |
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| Ending shares: |
2,000.62 |
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| Dividends reinvested/share: |
$1.92 |
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| Total return: |
302.52% |
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| Average Annual Total Return: |
14.94% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$40,245.00 |
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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: |
12/16/2014 |
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| End date: |
12/13/2024 |
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| Start price/share: |
$6.42 |
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| End price/share: |
$20.12 |
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| Dividends collected/share: |
$1.92 |
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| Total return: |
243.30% |
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| Average Annual Total Return: |
13.13% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$34,338.23 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 08/16/1995 | 3 for 2
| | 12/07/2001 | 3 for 2 | | 11/17/2003 | 5 for 4 |
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