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 Video: What is a Stock Split?
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| Matthews International Corporation is a global provider of memorialization products, industrial technologies, and brand solutions. Co. operates through three segments: Memorialization, Industrial Technologies and SGK Brand Solutions. The Memorialization segment consists primarily of bronze and granite memorials and other memorialization products, caskets, cremation-related products, and cremation and incineration equipment primarily for the cemetery and funeral home industries. According to our MATW split history records, Matthews International has had 2 splits. | |
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Matthews International (MATW) has 2 splits in our MATW split history database. The first split for MATW took place on June 03, 1998. This was a 2 for 1
split, meaning for each share of MATW 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. MATW's second split took place on September 04, 2001. This was a 2 for 1 split, meaning for each share of MATW 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 Matthews International 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 MATW 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 Matthews International shares, starting with a $10,000 purchase of MATW, presented on a split-history-adjusted basis factoring in the complete MATW split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/05/2014 |
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| End date: |
12/03/2024 |
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| Start price/share: |
$47.50 |
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| End price/share: |
$29.92 |
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| Starting shares: |
210.53 |
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| Ending shares: |
259.25 |
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| Dividends reinvested/share: |
$7.72 |
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| Total return: |
-22.43% |
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| Average Annual Total Return: |
-2.51% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$7,754.80 |
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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: |
12/05/2014 |
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| End date: |
12/03/2024 |
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| Start price/share: |
$47.50 |
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| End price/share: |
$29.92 |
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| Dividends collected/share: |
$7.72 |
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| Total return: |
-20.76% |
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| Average Annual Total Return: |
-2.30% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$7,923.52 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 06/03/1998 | 2 for 1
| | 09/04/2001 | 2 for 1 |
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