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 Video: What is a Stock Split?
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| Mentor Graphics is a provider in electronic design automation. Co. markets its products and services to the communications, computer, consumer electronics, semiconductor, networking, multimedia, military and aerospace, and transportation industries. The electronic components and systems that Co.'s customers create and test with its products include integrated circuits, printed circuit boards, field programmable gate arrays, embedded software solutions, and wire harness systems. Co.'s products are used in the design and development of transportation electronics, internet of things platforms and systems, computers, medical devices, industrial electronics and manufacturing systems. According to our MENT split history records, MENT has had 1 split. | |
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MENT (MENT) has 1 split in our MENT split history database. The split for MENT took place on August 15, 1989. This was a 2 for 1
split, meaning for each share of MENT 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 MENT 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 MENT 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 MENT shares, starting with a $10,000 purchase of MENT, presented on a split-history-adjusted basis factoring in the complete MENT 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: |
03/31/2017 |
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| Start price/share: |
$22.59 |
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| End price/share: |
$37.25 |
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| Starting shares: |
442.67 |
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| Ending shares: |
452.81 |
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| Dividends reinvested/share: |
$0.55 |
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| Total return: |
68.67% |
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| Average Annual Total Return: |
25.30% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$16,866.77 |
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| Years: |
2.32 |
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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: |
03/31/2017 |
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| Start price/share: |
$22.59 |
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| End price/share: |
$37.25 |
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| Dividends collected/share: |
$0.55 |
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| Total return: |
67.31% |
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| Average Annual Total Return: |
24.86% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$16,729.80 |
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| Years: |
2.32 |
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| Date |
Ratio |
| 08/15/1989 | 2 for 1
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