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 Video: What is a Stock Split?
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| Navigators Group is a holding company. Through its subsidiaries, Co. operates as an international insurance company with a focus on Marine insurance. Co. also provides Property and Casualty insurance, which consists primarily of general liability coverage and umbrella & excess liability coverage to commercial enterprises through its Primary and Excess Casualty divisions. Co. also provides Professional Liability insurance, through its Directors & Officers and Errors & Omissions divisions, as well as assumed reinsurance products. As of Dec 31 2017, Co. had four reporting segments: U.S. Insurance, International Insurance, GlobalRe and Corporate. According to our NAVG split history records, NAVG has had 2 splits. | |
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NAVG (NAVG) has 2 splits in our NAVG split history database. The first split for NAVG took place on May 02, 1991. This was a 3 for 2
split, meaning for each 2
shares of NAVG owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. NAVG's second split took place on January 23, 2017. This was a 2 for 1 split, meaning for each share of NAVG owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split.
When a company such as NAVG 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 NAVG split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into NAVG shares, starting with a $10,000 purchase of NAVG, presented on a split-history-adjusted basis factoring in the complete NAVG split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/02/2013 |
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| End date: |
05/23/2019 |
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| Start price/share: |
$32.57 |
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| End price/share: |
$69.96 |
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| Starting shares: |
307.03 |
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| Ending shares: |
310.88 |
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| Dividends reinvested/share: |
$0.71 |
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| Total return: |
117.49% |
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| Average Annual Total Return: |
15.26% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$21,749.94 |
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| Years: |
5.47 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/02/2013 |
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| End date: |
05/23/2019 |
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| Start price/share: |
$32.57 |
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| End price/share: |
$69.96 |
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| Dividends collected/share: |
$0.71 |
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| Total return: |
116.98% |
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| Average Annual Total Return: |
15.21% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$21,698.37 |
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| Years: |
5.47 |
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| Date |
Ratio |
| 05/02/1991 | 3 for 2
| | 01/23/2017 | 2 for 1 |
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