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Video: What is a Stock Split?
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MetLife is an insurance holding company. Through its subsidiaries and affiliates, Co. is a financial services company, providing insurance, annuities, employee benefits and asset management. Co. is organized into five segments: U.S.; Asia; Latin America; Europe, the Middle East and Africa; and MetLife Holdings. In the U.S., Co. provides a variety of insurance and financial services products, including life, dental, disability, vision, accident and health, capital market investment, risk solutions, stable value and annuities. Outside the U.S., Co. provides life, accident and health and credit insurance, as well as retirement and savings products. According to our MET split history records, MetLife has had 1 split. | |
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MetLife (MET) has 1 split in our MET split history database. The split for MET took place on August 07, 2017. This was a 1122 for 1000 split, meaning for each 1000 shares of MET owned pre-split, the shareholder now owned 1122 shares. For example, a 1000 share position pre-split, became a 1122 share position following the split.
When a company such as MetLife 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 MET split history from start to finish, an original position size of 1000 shares would have turned into 1122 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into MetLife shares, starting with a $10,000 purchase of MET, presented on a split-history-adjusted basis factoring in the complete MET split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
10/10/2014 |
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End date: |
10/08/2024 |
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Start price/share: |
$44.32 |
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End price/share: |
$83.28 |
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Starting shares: |
225.63 |
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Ending shares: |
316.58 |
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Dividends reinvested/share: |
$17.27 |
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Total return: |
163.65% |
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Average Annual Total Return: |
10.18% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$26,372.00 |
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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: |
10/10/2014 |
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End date: |
10/08/2024 |
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Start price/share: |
$44.32 |
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End price/share: |
$83.28 |
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Dividends collected/share: |
$17.27 |
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Total return: |
126.87% |
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Average Annual Total Return: |
8.53% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$22,677.51 |
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Years: |
10.00 |
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Date |
Ratio |
08/07/2017 | 1122 for 1000 |
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