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 Video: What is a Stock Split?
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| Northwest Natural Holding is a holding company. Through its subsidiary, Northwest Natural Gas Company (NW Natural), Co. distributes natural gas to residential, commercial, and industrial customers in Oregon and southwest Washington. Co. has one reportable segment, the Natural Gas Distribution (NGD) segment. The NGD segment is a regulated utility principally engaged in the purchase, sale, and delivery of natural gas and related services to customers in Oregon and southwest Washington. NW Natural's activities in Other include Interstate Storage Services and third-party asset management services for the Mist facility in Oregon and appliance retail center operations. According to our NWN split history records, Northwest Natural Holding has had 1 split. | |
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Northwest Natural Holding (NWN) has 1 split in our NWN split history database. The split for NWN took place on September 09, 1996. This was a 3 for 2
split, meaning for each 2
shares of NWN 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.
When a company such as Northwest Natural Holding 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 NWN split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Northwest Natural Holding shares, starting with a $10,000 purchase of NWN, presented on a split-history-adjusted basis factoring in the complete NWN split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/07/2013 |
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| End date: |
10/04/2023 |
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| Start price/share: |
$41.15 |
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| End price/share: |
$37.83 |
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| Starting shares: |
243.01 |
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| Ending shares: |
347.18 |
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| Dividends reinvested/share: |
$18.95 |
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| Total return: |
31.34% |
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| Average Annual Total Return: |
2.76% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$13,128.30 |
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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: |
10/07/2013 |
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| End date: |
10/04/2023 |
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| Start price/share: |
$41.15 |
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| End price/share: |
$37.83 |
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| Dividends collected/share: |
$18.95 |
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| Total return: |
37.98% |
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| Average Annual Total Return: |
3.27% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$13,794.42 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 09/09/1996 | 3 for 2
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