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Video: What is a Stock Split?
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Northern Technologies International develops and markets products and services either directly or via a network of subsidiaries, joint ventures, independent distributors, and agents. Co.'s primary business is corrosion prevention products and services, marketed mainly under the ZERUST® brand. Co. is selling its proprietary ZERUST® products and services to the automotive, electronics, electrical, mechanical, military, and retail consumer markets and has also expanded into the oil and gas industry. Additionally, Co. markets and sells a portfolio of proprietary bio-based and certified compostable (fully biodegradable) polymer resin compounds and finished products under the Natur-Tec® brand. According to our NTIC split history records, Northern Technologies International has had 1 split. | |
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Northern Technologies International (NTIC) has 1 split in our NTIC split history database. The split for NTIC took place on July 01, 2019. This was a 2 for 1 split, meaning for each share of NTIC 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.
When a company such as Northern Technologies International 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 NTIC split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Northern Technologies International shares, starting with a $10,000 purchase of NTIC, presented on a split-history-adjusted basis factoring in the complete NTIC split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/22/2014 |
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End date: |
04/17/2024 |
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Start price/share: |
$10.63 |
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End price/share: |
$15.48 |
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Starting shares: |
940.73 |
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Ending shares: |
1,051.92 |
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Dividends reinvested/share: |
$1.47 |
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Total return: |
62.84% |
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Average Annual Total Return: |
5.00% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$16,284.59 |
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Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/22/2014 |
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End date: |
04/17/2024 |
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Start price/share: |
$10.63 |
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End price/share: |
$15.48 |
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Dividends collected/share: |
$1.47 |
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Total return: |
59.41% |
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Average Annual Total Return: |
4.78% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$15,946.77 |
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Years: |
9.99 |
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Date |
Ratio |
07/01/2019 | 2 for 1 |
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