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Video: What is a Stock Split?
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Norwood Financial is a bank holding company. Through its subsidiary, Wayne Bank (the Bank), Co. provides personal and business credit services and trust and investment products and real estate settlement services to the consumers, businesses, nonprofit organizations, and municipalities in each of the communities that the Bank serves. The Bank operates a Wealth Management/Trust Department which provides estate planning, investment management and financial planning. The Bank's loan products include loans for personal and business use. The Bank provides deposit products, including interest-bearing and noninterest bearing transaction accounts, statement savings and money market accounts. According to our NWFL split history records, Norwood Financial has had 4 splits. | |
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Norwood Financial (NWFL) has 4 splits in our NWFL split history database. The first split for NWFL took place on June 17, 2003. This was a 3 for 2 split, meaning for each 2 shares of NWFL 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. NWFL's second split took place on May 10, 2006. This was a 105 for 100 split, meaning for each 100 shares of NWFL owned pre-split, the shareholder now owned 105 shares. For example, a 1500 share position pre-split, became a 1575 share position following the split. NWFL's third split took place on May 13, 2013. This was a 11 for 10 split, meaning for each 10 shares of NWFL owned pre-split, the shareholder now owned 11 shares. For example, a 1575 share position pre-split, became a 1732.5 share position following the split. NWFL's 4th split took place on September 18, 2017. This was a 3 for 2 split, meaning for each 2 shares of NWFL owned pre-split, the shareholder now owned 3 shares. For example, a 1732.5 share position pre-split, became a 2598.75 share position following the split.
When a company such as Norwood Financial 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 NWFL split history from start to finish, an original position size of 1000 shares would have turned into 2598.75 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Norwood Financial shares, starting with a $10,000 purchase of NWFL, presented on a split-history-adjusted basis factoring in the complete NWFL split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$19.45 |
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End price/share: |
$24.37 |
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Starting shares: |
514.14 |
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Ending shares: |
748.08 |
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Dividends reinvested/share: |
$9.67 |
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Total return: |
82.31% |
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Average Annual Total Return: |
6.19% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$18,232.08 |
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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: |
04/29/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$19.45 |
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End price/share: |
$24.37 |
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Dividends collected/share: |
$9.67 |
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Total return: |
75.00% |
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Average Annual Total Return: |
5.76% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$17,507.11 |
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Years: |
10.00 |
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Date |
Ratio |
06/17/2003 | 3 for 2 | 05/10/2006 | 105 for 100 | 05/13/2013 | 11 for 10 | 09/18/2017 | 3 for 2 |
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