 |
 Video: What is a Stock Split?
|
|
|
| MGP Ingredients, Inc. is a producer and supplier of distilled spirits, branded spirits, and food ingredients. Co. operates through three segments: Distilling Solutions, Branded Spirits, and Ingredient Solutions. The Distilling Solutions segment consists of food grade alcohol and distillery co-products, such as distillers feed, fuel grade alcohol, and corn oil. This segment also includes warehouse services, including barrel put away, storage, and retrieval services, as well as blending services. According to our MGPI split history records, MGP Ingredients has had 1 split. | |
|
MGP Ingredients (MGPI) has 1 split in our MGPI split history database. The split for MGPI took place on July 16, 2004. This was a 2 for 1 split, meaning for each share of MGPI 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 MGP Ingredients 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 MGPI 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 MGP Ingredients shares, starting with a $10,000 purchase of MGPI, presented on a split-history-adjusted basis factoring in the complete MGPI split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
01/21/2015 |
|
| End date: |
01/16/2025 |
|
| Start price/share: |
$16.17 |
|
| End price/share: |
$35.91 |
|
| Starting shares: |
618.43 |
|
| Ending shares: |
666.18 |
|
| Dividends reinvested/share: |
$4.31 |
|
| Total return: |
139.23% |
|
| Average Annual Total Return: |
9.12% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$23,924.11 |
|
| Years: |
9.99 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
01/21/2015 |
|
| End date: |
01/16/2025 |
|
| Start price/share: |
$16.17 |
|
| End price/share: |
$35.91 |
|
| Dividends collected/share: |
$4.31 |
|
| Total return: |
148.73% |
|
| Average Annual Total Return: |
9.55% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$24,883.23 |
|
| Years: |
9.99 |
|
|
|
| Date |
Ratio |
| 07/16/2004 | 2 for 1 |
|
|
Free MGPI Email Alerts:
