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 Video: What is a Stock Split?
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| Pediatrix Medical Group, Inc. is a provider of physician services, including newborn, maternal-fetal, pediatric cardiology and other pediatric subspecialty care. Co.'s affiliated clinicians provide services to women, babies and children across the continuum of care, both in hospital settings and office-based practices. Its specialties include obstetrics, maternal-fetal medicine and neonatology, complemented by more than 20 pediatric subspecialties, as well as pediatric primary and urgent care clinics. According to our MD split history records, Pediatrix Medical Group has had 2 splits. | |
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Pediatrix Medical Group (MD) has 2 splits in our MD split history database. The first split for MD took place on March 01, 1999. This was a 2 for 1 split, meaning for each share of MD 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. MD's second split took place on December 20, 2013. This was a 2 for 1 split, meaning for each share of MD 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 Pediatrix Medical Group 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 MD 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 Pediatrix Medical Group shares, starting with a $10,000 purchase of MD, presented on a split-history-adjusted basis factoring in the complete MD split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
07/21/2015 |
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| End date: |
07/18/2025 |
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| Start price/share: |
$77.78 |
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| End price/share: |
$12.57 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-83.84% |
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| Average Annual Total Return: |
-16.66% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$1,616.35 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 03/01/1999 | 2 for 1 | | 12/20/2013 | 2 for 1 |
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