Split History
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Ocean Bio-Chem is principally engaged in the manufacturing, marketing and distribution of line of appearance, performance and maintenance products for the marine, automotive, power sports, recreational vehicle and outdoor power equipment markets, under the Star brite® and Star Tron® brand names. Co. also manufactures, markets and distributes disinfectant, sanitizing and deodorizing products under the Performacide® and Star brite® brand names. The products that Co. manufactures and markets are: Marine, Automotive, Recreational Vehicle/Power Sports, Outdoor Power Equipment/ Lawn & Garden, Disinfectants, Sanitizers and Deodorizers and Contract Filling and Blow Molded Bottles. According to our OBCI split history records, Ocean Bio-Chem has had 2 splits.
OBCI split history picture
Ocean Bio-Chem (OBCI) has 2 splits in our OBCI split history database. The first split for OBCI took place on March 15, 2000. This was a 105 for 100 split, meaning for each 100 shares of OBCI owned pre-split, the shareholder now owned 105 shares. For example, a 1000 share position pre-split, became a 1050 share position following the split. OBCI's second split took place on September 25, 2002. This was a 11 for 10 split, meaning for each 10 shares of OBCI owned pre-split, the shareholder now owned 11 shares. For example, a 1050 share position pre-split, became a 1155 share position following the split.

When a company such as Ocean Bio-Chem 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 OBCI split history from start to finish, an original position size of 1000 shares would have turned into 1155 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Ocean Bio-Chem shares, starting with a $10,000 purchase of OBCI, presented on a split-history-adjusted basis factoring in the complete OBCI split history. OBCI split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 07/20/2009
End date: 07/19/2019
Start price/share: $0.82
End price/share: $3.55
Starting shares: 12,195.12
Ending shares: 13,247.71
Dividends reinvested/share: $0.28
Total return: 370.29%
Average Annual Total Return: 16.74%
Starting investment: $10,000.00
Ending investment: $47,030.66
Years: 10.00
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 07/20/2009
End date: 07/19/2019
Start price/share: $0.82
End price/share: $3.55
Dividends collected/share: $0.28
Total return: 367.07%
Average Annual Total Return: 16.66%
Starting investment: $10,000.00
Ending investment: $46,709.27
Years: 10.00
Date Ratio
03/15/2000105 for 100
09/25/200211 for 10
OBCI is categorized under the Consumer sector; below are some other companies in the same sector that also have a history of stock splits:

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