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 Video: What is a Stock Split?
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| Micrel designs, develops, manufactures and markets a range of analog power integrated circuits (ICs), mixed-signal ICs and digital ICs. These products address end markets including cellular handsets, portable computing, enterprise and home networking, wide area and metropolitan area networks, digital televisions and industrial equipment. Co. also provides custom and foundry services which include silicon wafer fabrication, IC assembly and testing. Co.'s wafer foundry services are provided to a range of customers that produce electronic systems for communications, consumer, automotive and military applications. According to our MCRL split history records, MCRL has had 3 splits. | |
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MCRL (MCRL) has 3 splits in our MCRL split history database. The first split for MCRL took place on August 20, 1997. This was a 2 for 1
split, meaning for each share of MCRL 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. MCRL's second split took place on September 16, 1999. This was a 2 for 1
split, meaning for each share of MCRL 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. MCRL's third split took place on June 28, 2000. This was a 2 for 1
split, meaning for each share of MCRL owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split.
When a company such as MCRL 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 MCRL split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into MCRL shares, starting with a $10,000 purchase of MCRL, presented on a split-history-adjusted basis factoring in the complete MCRL split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/07/2013 |
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| End date: |
08/03/2015 |
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| Start price/share: |
$9.17 |
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| End price/share: |
$13.86 |
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| Starting shares: |
1,090.51 |
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| Ending shares: |
1,124.78 |
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| Dividends reinvested/share: |
$0.35 |
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| Total return: |
55.89% |
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| Average Annual Total Return: |
27.60% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,590.18 |
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| Years: |
1.82 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/07/2013 |
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| End date: |
08/03/2015 |
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| Start price/share: |
$9.17 |
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| End price/share: |
$13.86 |
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| Dividends collected/share: |
$0.35 |
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| Total return: |
54.96% |
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| Average Annual Total Return: |
27.18% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,496.82 |
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| Years: |
1.82 |
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| Date |
Ratio |
| 08/20/1997 | 2 for 1
| | 09/16/1999 | 2 for 1
| | 06/28/2000 | 2 for 1
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