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 Video: What is a Stock Split?
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| Maxim Integrated Products designs, develops, manufactures and markets a range of linear and mixed-signal integrated circuits, referred to as analog circuits. The analog market is fragmented and characterized by various applications, product variations and, with respect to different circuit types. Co.'s linear and mixed signal products serve the Automotive, Communications & Data Center, Consumer, and Industrial end-markets. Co. primarily utilizes third party foundries as well as its own wafer fabrication facility for the production of its wafers. Co. markets its products through a direct-sales and applications organization and through its own and other unaffiliated distribution channels. According to our MXIM split history records, MXIM has had 4 splits. | |
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MXIM (MXIM) has 4 splits in our MXIM split history database. The first split for MXIM took place on December 08, 1994. This was a 2 for 1
split, meaning for each share of MXIM 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. MXIM's second split took place on December 14, 1995. This was a 2 for 1
split, meaning for each share of MXIM 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. MXIM's third split took place on December 22, 1997. This was a 2 for 1
split, meaning for each share of MXIM owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. MXIM's 4th split took place on December 22, 1999. This was a 2 for 1
split, meaning for each share of MXIM owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split.
When a company such as MXIM 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 MXIM split history from start to finish, an original position size of 1000 shares would have turned into 16000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into MXIM shares, starting with a $10,000 purchase of MXIM, presented on a split-history-adjusted basis factoring in the complete MXIM split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/01/2013 |
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| End date: |
08/26/2021 |
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| Start price/share: |
$30.22 |
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| End price/share: |
$103.14 |
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| Starting shares: |
330.91 |
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| Ending shares: |
415.34 |
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| Dividends reinvested/share: |
$10.22 |
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| Total return: |
328.38% |
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| Average Annual Total Return: |
20.20% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$42,834.39 |
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| Years: |
7.91 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/01/2013 |
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| End date: |
08/26/2021 |
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| Start price/share: |
$30.22 |
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| End price/share: |
$103.14 |
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| Dividends collected/share: |
$10.22 |
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| Total return: |
275.12% |
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| Average Annual Total Return: |
18.20% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$37,512.45 |
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| Years: |
7.91 |
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| Date |
Ratio |
| 12/08/1994 | 2 for 1
| | 12/14/1995 | 2 for 1
| | 12/22/1997 | 2 for 1
| | 12/22/1999 | 2 for 1
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