 |
 Video: What is a Stock Split?
|
|
|
| Public Service Enterprise Group is a holding company. Through its subsidiaries, Co. is engaged in the energy industry. Co.'s two reportable segments, its principal direct wholly owned subsidiaries, are: Public Service Electric and Gas Company (PSE&G) and PSEG Power LLC (PSEG Power). PSE&G is engaged principally in the transmission of electricity and distribution of electricity and natural gas in certain areas of New Jersey. PSEG Power is a multi-regional energy supply company that integrates the operations of its merchant nuclear and fossil generating assets with its fuel supply functions through energy sales in energy markets primarily in the Northeast and Mid-Atlantic U.S. According to our PEG split history records, Public Service Enterprise Group has had 2 splits. | |
|
Public Service Enterprise Group (PEG) has 2 splits in our PEG split history database. The first split for PEG took place on July 27, 1987. This was a 3 for 2
split, meaning for each 2
shares of PEG 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. PEG's second split took place on February 05, 2008. This was a 2 for 1 split, meaning for each share of PEG owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split.
When a company such as Public Service Enterprise Group 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 PEG split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Public Service Enterprise Group shares, starting with a $10,000 purchase of PEG, presented on a split-history-adjusted basis factoring in the complete PEG split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
10/09/2014 |
|
| End date: |
10/07/2024 |
|
| Start price/share: |
$37.64 |
|
| End price/share: |
$89.98 |
|
| Starting shares: |
265.67 |
|
| Ending shares: |
378.81 |
|
| Dividends reinvested/share: |
$19.21 |
|
| Total return: |
240.85% |
|
| Average Annual Total Return: |
13.04% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$34,077.47 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
10/09/2014 |
|
| End date: |
10/07/2024 |
|
| Start price/share: |
$37.64 |
|
| End price/share: |
$89.98 |
|
| Dividends collected/share: |
$19.21 |
|
| Total return: |
190.09% |
|
| Average Annual Total Return: |
11.23% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$28,996.53 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 07/27/1987 | 3 for 2
| | 02/05/2008 | 2 for 1 |
|
|
Free PEG Email Alerts:
