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 Video: What is a Stock Split?
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| OGE Energy Corp. is a holding company whose primary investment provides electricity in Oklahoma and western Arkansas. Co. reports its operations primarily through a single segment, the electric company. Its electric company operations are conducted through its wholly owned subsidiary, Oklahoma Gas and Electric Co. (OG&E), which generates, transmits, distributes, and sells electric energy in Oklahoma and western Arkansas. According to our OGE split history records, OGE Energy has had 2 splits. | |
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OGE Energy (OGE) has 2 splits in our OGE split history database. The first split for OGE took place on June 16, 1998. This was a 2 for 1
split, meaning for each share of OGE 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. OGE's second split took place on July 02, 2013. This was a 2 for 1 split, meaning for each share of OGE owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as OGE Energy 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 OGE split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into OGE Energy shares, starting with a $10,000 purchase of OGE, presented on a split-history-adjusted basis factoring in the complete OGE split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
01/16/2025 |
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| Start price/share: |
$35.48 |
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| End price/share: |
$42.37 |
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| Starting shares: |
281.85 |
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| Ending shares: |
427.83 |
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| Dividends reinvested/share: |
$14.58 |
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| Total return: |
81.27% |
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| Average Annual Total Return: |
6.13% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,123.42 |
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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: |
01/21/2015 |
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| End date: |
01/16/2025 |
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| Start price/share: |
$35.48 |
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| End price/share: |
$42.37 |
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| Dividends collected/share: |
$14.58 |
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| Total return: |
60.51% |
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| Average Annual Total Return: |
4.85% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$16,053.57 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 06/16/1998 | 2 for 1
| | 07/02/2013 | 2 for 1 |
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