 |
 Video: What is a Stock Split?
|
|
|
| MGE Energy is a public utility holding company. Through its subsidiaries, Co. operates in five segments: regulated electric utility operations, which generate, purchase, and distribute electricity through its subsidiary, Madison Gas and Electric Company (MGE); regulated gas utility operations, which purchase and distribute natural gas through MGE; nonregulated energy operations, which own and lease electric generating capacity that assists MGE through its subsidiaries; transmission investments, which represent its investment in American Transmission Company LLC and ATC Holdco, LLC; and all other, which invests in companies and property that relate to the regulated operations. According to our MGEE split history records, MGE Energy has had 1 split. | |
|
MGE Energy (MGEE) has 1 split in our MGEE split history database. The split for MGEE took place on February 10, 2014. This was a 3 for 2 split, meaning for each 2 shares of MGEE owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as MGE Energy 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 MGEE split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into MGE Energy shares, starting with a $10,000 purchase of MGEE, presented on a split-history-adjusted basis factoring in the complete MGEE split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
10/04/2012 |
|
| End date: |
09/30/2022 |
|
| Start price/share: |
$35.33 |
|
| End price/share: |
$65.63 |
|
| Starting shares: |
283.05 |
|
| Ending shares: |
357.65 |
|
| Dividends reinvested/share: |
$12.92 |
|
| Total return: |
134.73% |
|
| Average Annual Total Return: |
8.91% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$23,467.91 |
|
| Years: |
9.99 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
10/04/2012 |
|
| End date: |
09/30/2022 |
|
| Start price/share: |
$35.33 |
|
| End price/share: |
$65.63 |
|
| Dividends collected/share: |
$12.92 |
|
| Total return: |
122.33% |
|
| Average Annual Total Return: |
8.32% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$22,227.79 |
|
| Years: |
9.99 |
|
|
|
| Date |
Ratio |
| 02/10/2014 | 3 for 2 |
|
|
Free MGEE Email Alerts:
