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 Video: What is a Stock Split?
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| Oshkosh Corporation is an industrial company focused on the designing, development and manufacturing of purpose-built vehicles and equipment. Co. operates through three segments. Access segment designs and manufactures access and material handling equipment for use in a range of construction, industrial, agricultural and maintenance applications to position workers and materials at height under brands, JLG and SkyTrak. The segment's customer base includes equipment rental companies, construction contractors, manufacturing companies and home improvement centers. The segment also includes Jerr-Dan towing and recovery vehicles. According to our OSK split history records, Oshkosh has had 2 splits. | |
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Oshkosh (OSK) has 2 splits in our OSK split history database. The first split for OSK took place on August 14, 2003. This was a 2 for 1 split, meaning for each share of OSK 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. OSK's second split took place on August 29, 2005. This was a 2 for 1 split, meaning for each share of OSK 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 Oshkosh 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 OSK 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 Oshkosh shares, starting with a $10,000 purchase of OSK, presented on a split-history-adjusted basis factoring in the complete OSK split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/11/2014 |
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| End date: |
12/09/2024 |
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| Start price/share: |
$45.25 |
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| End price/share: |
$104.12 |
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| Starting shares: |
220.99 |
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| Ending shares: |
257.26 |
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| Dividends reinvested/share: |
$12.00 |
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| Total return: |
167.86% |
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| Average Annual Total Return: |
10.35% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$26,781.85 |
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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: |
12/11/2014 |
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| End date: |
12/09/2024 |
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| Start price/share: |
$45.25 |
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| End price/share: |
$104.12 |
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| Dividends collected/share: |
$12.00 |
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| Total return: |
156.62% |
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| Average Annual Total Return: |
9.88% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$25,662.48 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 08/14/2003 | 2 for 1 | | 08/29/2005 | 2 for 1 |
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