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 Video: What is a Stock Split?
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| One Liberty Properties, Inc. is a self-administered and self-managed real estate investment trust. Co. acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial and retail properties. Co. owns approximately 108 properties and participate in joint ventures that own two properties. These 110 properties are located in 31 states and have an aggregate of approximately 10.9 million square feet. Its primary objective is to acquire single-tenant properties, and in particular, industrial properties, that are subject to long-term net leases that include periodic contractual rental increases or rent increases based on increases in the consumer price index. According to our OLP split history records, One Liberty Properties has had 4 splits. | |
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One Liberty Properties (OLP) has 4 splits in our OLP split history database. The first split for OLP took place on March 26, 2009. This was a 1052 for 1000 split, meaning for each 1000 shares of OLP owned pre-split, the shareholder now owned 1052 shares. For example, a 1000 share position pre-split, became a 1052 share position following the split. OLP's second split took place on June 17, 2009. This was a 1035 for 1000 split, meaning for each 1000 shares of OLP owned pre-split, the shareholder now owned 1035 shares. For example, a 1052 share position pre-split, became a 1088.82 share position following the split. OLP's third split took place on September 23, 2009. This was a 1023 for 1000 split, meaning for each 1000 shares of OLP owned pre-split, the shareholder now owned 1023 shares. For example, a 1088.82 share position pre-split, became a 1113.86286 share position following the split. OLP's 4th split took place on December 18, 2009. This was a 1019 for 1000 split, meaning for each 1000 shares of OLP owned pre-split, the shareholder now owned 1019 shares. For example, a 1113.86286 share position pre-split, became a 1135.02625434 share position following the split.
When a company such as One Liberty Properties 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 OLP split history from start to finish, an original position size of 1000 shares would have turned into 1135.02625434 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into One Liberty Properties shares, starting with a $10,000 purchase of OLP, presented on a split-history-adjusted basis factoring in the complete OLP split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/08/2015 |
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| End date: |
12/05/2025 |
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| Start price/share: |
$21.97 |
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| End price/share: |
$20.41 |
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| Starting shares: |
455.17 |
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| Ending shares: |
969.58 |
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| Dividends reinvested/share: |
$17.76 |
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| Total return: |
97.89% |
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| Average Annual Total Return: |
7.06% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,782.10 |
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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: |
12/08/2015 |
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| End date: |
12/05/2025 |
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| Start price/share: |
$21.97 |
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| End price/share: |
$20.41 |
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| Dividends collected/share: |
$17.76 |
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| Total return: |
73.74% |
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| Average Annual Total Return: |
5.68% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$17,375.13 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 03/26/2009 | 1052 for 1000 | | 06/17/2009 | 1035 for 1000 | | 09/23/2009 | 1023 for 1000 | | 12/18/2009 | 1019 for 1000 |
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