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Video: What is a Stock Split?
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Middleburg Financial is a bank holding company. Co. conducts its primary operations through two wholly owned subsidiaries: Middleburg Bank, which provides a range of banking, fiduciary and investment management services to both individuals and small businesses; and Middleburg Investment Group, Inc., which provides wealth management services through Middleburg Trust Company and through the investment services department of Middleburg Bank. Co. operates in three principal business activities: commercial and retail banking services, wealth management services and mortgage banking services. As of Dec 31 2015, Co. had total assets of $1.29 billion and total deposits of $1.04 billion. According to our MBRG split history records, MBRG has had 1 split. | |
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MBRG (MBRG) has 1 split in our MBRG split history database. The split for MBRG took place on October 20, 2003. This was a 2 for 1 split, meaning for each share of MBRG 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.
When a company such as MBRG 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 MBRG split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into MBRG shares, starting with a $10,000 purchase of MBRG, presented on a split-history-adjusted basis factoring in the complete MBRG split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
10/07/2014 |
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End date: |
03/31/2017 |
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Start price/share: |
$17.77 |
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End price/share: |
$40.04 |
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Starting shares: |
562.75 |
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Ending shares: |
596.10 |
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Dividends reinvested/share: |
$1.34 |
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Total return: |
138.68% |
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Average Annual Total Return: |
41.97% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$23,866.08 |
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Years: |
2.48 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/07/2014 |
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End date: |
03/31/2017 |
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Start price/share: |
$17.77 |
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End price/share: |
$40.04 |
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Dividends collected/share: |
$1.34 |
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Total return: |
132.86% |
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Average Annual Total Return: |
40.57% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$23,286.16 |
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Years: |
2.48 |
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Date |
Ratio |
10/20/2003 | 2 for 1 |
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