|
Video: What is a Stock Split?
|
|
Microsemi designs, manufactures and markets analog and mixed-signal semiconductor solutions. Co. provides a portfolio of semiconductor and system solutions. Products include radiation-hardened analog mixed-signal integrated circuits, field programmable gate arrays, system on chip solutions and application-specific integrated circuits; power management products; time solutions; voice processing devices; radio frequency solutions; discrete components; enterprise storage and communication solutions; security technologies; Ethernet solutions; Power-over-Ethernet integrated circuits and midspans; as well as custom design capabilities and services. According to our MSCC split history records, MSCC has had 2 splits. | |
|
MSCC (MSCC) has 2 splits in our MSCC split history database. The first split for MSCC took place on August 29, 2001. This was a 2 for 1 split, meaning for each share of MSCC 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. MSCC's second split took place on February 23, 2004. This was a 2 for 1 split, meaning for each share of MSCC 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 MSCC 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 MSCC 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 MSCC shares, starting with a $10,000 purchase of MSCC, presented on a split-history-adjusted basis factoring in the complete MSCC split history.
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
12/11/2014 |
|
End date: |
05/30/2018 |
|
Start price/share: |
$28.31 |
|
End price/share: |
$68.74 |
|
Dividends collected/share: |
$0.00 |
|
Total return: |
142.81% |
|
Average Annual Total Return: |
29.17% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$24,280.57 |
|
Years: |
3.47 |
|
|
|
Date |
Ratio |
08/29/2001 | 2 for 1 | 02/23/2004 | 2 for 1 |
|
|