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 Video: What is a Stock Split?
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| Matson, Inc. is a holding company that provides ocean transportation and logistics services. Co.'s segments include Ocean Transportation and Logistics. The Ocean Transportation business is conducted through Matson Navigation Co., Inc. (MatNav), which provides ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska and Guam, and to other island economies in Micronesia. MatNav also operates premium, expedited services from China to Long Beach, California, provides services to Okinawa, Japan and various islands in the South Pacific, and operates an international export service from Dutch Harbor, Alaska to Asia. According to our MATX split history records, Matson has had 4 splits. | |
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Matson (MATX) has 4 splits in our MATX split history database. The first split for MATX took place on July 02, 2012. This was a 10000 for 4795 split, meaning for each 4795 shares of MATX owned pre-split, the shareholder now owned 10000 shares. For example, a 1000 share position pre-split, became a 2085.50573514077 share position following the split. MATX's second split took place on March 12, 1984. This was a 2 for 1 split, meaning for each share of MATX owned pre-split, the shareholder now owned 2 shares. For example, a 2085.50573514077 share position pre-split, became a 4171.01147028154 share position following the split. MATX's third split took place on June 06, 1986. This was a 3 for 2 split, meaning for each 2 shares of MATX owned pre-split, the shareholder now owned 3 shares. For example, a 4171.01147028154 share position pre-split, became a 6256.51720542231 share position following the split. MATX's 4th split took place on June 03, 1988. This was a 2 for 1 split, meaning for each share of MATX owned pre-split, the shareholder now owned 2 shares. For example, a 6256.51720542231 share position pre-split, became a 12513.0344108446 share position following the split.
When a company such as Matson 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 MATX split history from start to finish, an original position size of 1000 shares would have turned into 12513.0344108446 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Matson shares, starting with a $10,000 purchase of MATX, presented on a split-history-adjusted basis factoring in the complete MATX split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/11/2014 |
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| End date: |
12/09/2024 |
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| Start price/share: |
$34.42 |
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| End price/share: |
$145.03 |
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| Starting shares: |
290.53 |
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| Ending shares: |
350.71 |
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| Dividends reinvested/share: |
$9.66 |
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| Total return: |
408.64% |
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| Average Annual Total Return: |
17.66% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$50,872.37 |
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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: |
12/11/2014 |
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| End date: |
12/09/2024 |
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| Start price/share: |
$34.42 |
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| End price/share: |
$145.03 |
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| Dividends collected/share: |
$9.66 |
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| Total return: |
349.42% |
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| Average Annual Total Return: |
16.21% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$44,938.00 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 07/02/2012 | 10000 for 4795 | | 03/12/1984 | 2 for 1 | | 06/06/1986 | 3 for 2 | | 06/03/1988 | 2 for 1 |
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