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 Video: What is a Stock Split?
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| Maui Land & Pineapple Co., Inc. is engaged in planning, managing, developing, and selling, residential, resort, commercial, agricultural, and industrial real estate. Co.'s segments include Land Development and sales, Leasing, and Resort Amenities. The Land Development and sales includes all land planning, entitlement, development, and sales activities of its landholdings on Maui. The Leasing segment operations include commercial, industrial, and agricultural leases of land and property, licensing of its registered trademarks and trade names, sales of potable and non-potable water in West and Upcountry Maui. According to our MLP split history records, Maui Land and Pineapple has had 1 split. | |
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Maui Land and Pineapple (MLP) has 1 split in our MLP split history database. The split for MLP took place on May 01, 1998. This was a 4 for 1
split, meaning for each share of MLP owned pre-split, the shareholder now owned 4 shares. For example, a 1000 share position pre-split, became a 4000 share position following the split.
When a company such as Maui Land and Pineapple 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 MLP 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 Maui Land and Pineapple shares, starting with a $10,000 purchase of MLP, presented on a split-history-adjusted basis factoring in the complete MLP split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/11/2014 |
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| End date: |
12/09/2024 |
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| Start price/share: |
$5.44 |
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| End price/share: |
$22.90 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
320.96% |
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| Average Annual Total Return: |
15.45% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$42,083.35 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 05/01/1998 | 4 for 1
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