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 Video: What is a Stock Split?
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| Maximus, Inc. is an operator of government health and human services programs and provider of technology solutions to governments. Co. operates through three segments: U.S. Services, U.S. Federal Services, and Outside the U.S. The U.S. Services segment provides a variety of business process services (BPS), such as program administration, appeals and assessments, and related consulting work for U.S. state and local government programs. The U.S. Federal Services segment delivers end-to-end solutions that help various U.S. federal government agencies, including program operations and management, clinical services, and technology solutions. According to our MMS split history records, MAXIMUS has had 2 splits. | |
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MAXIMUS (MMS) has 2 splits in our MMS split history database. The first split for MMS took place on July 01, 2011. This was a 2 for 1 split, meaning for each share of MMS 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. MMS's second split took place on July 01, 2013. This was a 2 for 1 split, meaning for each share of MMS owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as MAXIMUS 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 MMS 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 MAXIMUS shares, starting with a $10,000 purchase of MMS, presented on a split-history-adjusted basis factoring in the complete MMS split history.
Growth of $10,000.00
With 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: |
$52.08 |
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| End price/share: |
$71.29 |
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| Starting shares: |
192.01 |
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| Ending shares: |
212.85 |
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| Dividends reinvested/share: |
$7.66 |
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| Total return: |
51.74% |
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| Average Annual Total Return: |
4.26% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,178.43 |
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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: |
12/11/2014 |
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| End date: |
12/09/2024 |
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| Start price/share: |
$52.08 |
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| End price/share: |
$71.29 |
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| Dividends collected/share: |
$7.66 |
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| Total return: |
51.58% |
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| Average Annual Total Return: |
4.25% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,163.87 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 07/01/2011 | 2 for 1 | | 07/01/2013 | 2 for 1 |
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