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 Video: What is a Stock Split?
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| Magal Security Systems develops, manufactures, markets and sells lines of perimeter intrusion detection sensors, physical barriers, video analytics and video management systems, cyber security products and systems as well as security video observation and surveillance systems to customers. Co. has the following business segments: Magal Integrated Solutions, which includes the sales of perimeter products, including services and maintenance in the field of Video management; and Senstar Products division, which includes the installation of turnkey solutions, including the long-term fixed price contracts and modular and customizable medium and long range surveillance systems. According to our MAGS split history records, Roundhill Magnificent Seven Etf has had 4 splits. | |
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Roundhill Magnificent Seven Etf (MAGS) has 4 splits in our MAGS split history database. The first split for MAGS took place on July 30, 2002. This was a 103 for 100 split, meaning for each 100 shares of MAGS owned pre-split, the shareholder now owned 103 shares. For example, a 1000 share position pre-split, became a 1030 share position following the split. MAGS's second split took place on August 07, 2003. This was a 103 for 100 split, meaning for each 100 shares of MAGS owned pre-split, the shareholder now owned 103 shares. For example, a 1030 share position pre-split, became a 1060.9 share position following the split. MAGS's third split took place on July 27, 2004. This was a 105 for 100 split, meaning for each 100 shares of MAGS owned pre-split, the shareholder now owned 105 shares. For example, a 1060.9 share position pre-split, became a 1113.945 share position following the split. MAGS's 4th split took place on December 06, 1995. This was a 105 for 100 split, meaning for each 100 shares of MAGS owned pre-split, the shareholder now owned 105 shares. For example, a 1113.945 share position pre-split, became a 1169.64225 share position following the split.
When a company such as Roundhill Magnificent Seven Etf 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 MAGS split history from start to finish, an original position size of 1000 shares would have turned into 1169.64225 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Roundhill Magnificent Seven Etf shares, starting with a $10,000 purchase of MAGS, presented on a split-history-adjusted basis factoring in the complete MAGS split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/12/2023 |
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| End date: |
10/07/2024 |
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| Start price/share: |
$24.33 |
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| End price/share: |
$46.61 |
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| Starting shares: |
411.02 |
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| Ending shares: |
412.79 |
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| Dividends reinvested/share: |
$0.15 |
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| Total return: |
92.40% |
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| Average Annual Total Return: |
55.13% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,240.44 |
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| Years: |
1.49 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/12/2023 |
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| End date: |
10/07/2024 |
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| Start price/share: |
$24.33 |
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| End price/share: |
$46.61 |
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| Dividends collected/share: |
$0.15 |
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| Total return: |
92.17% |
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| Average Annual Total Return: |
55.01% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,218.27 |
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| Years: |
1.49 |
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| Date |
Ratio |
| 07/30/2002 | 103 for 100 | | 08/07/2003 | 103 for 100 | | 07/27/2004 | 105 for 100 | | 12/06/1995 | 105 for 100 |
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