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Video: What is a Stock Split?
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Potash Corp. of Saskatchewan isa fertilizer producer by capacity producing the three primary crop nutrients: potash, nitrogen and phosphate, which is used for agricultural, industrial and animal nutrition purposes. Co.'s potash operations include the mining and production of potash, which is used as fertilizer. Co.'s phosphate operations include the manufacture and sale of solid and liquid phosphate fertilizers, phosphate feed and industrial acid, which is used in food products and industrial processes. Co.'s nitrogen operations include production of nitrogen fertilizers and nitrogen feed and industrial products, including ammonia, urea, nitrogen solutions, ammonium nitrate and nitric acid. According to our POT split history records, POT has had 3 splits. | |
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POT (POT) has 3 splits in our POT split history database. The first split for POT took place on August 18, 2004. This was a 2 for 1 split, meaning for each share of POT 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. POT's second split took place on May 30, 2007. This was a 3 for 1 split, meaning for each share of POT owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 6000 share position following the split. POT's third split took place on February 25, 2011. This was a 3 for 1 split, meaning for each share of POT owned pre-split, the shareholder now owned 3 shares. For example, a 6000 share position pre-split, became a 18000 share position following the split.
When a company such as POT 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 POT split history from start to finish, an original position size of 1000 shares would have turned into 18000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into POT shares, starting with a $10,000 purchase of POT, presented on a split-history-adjusted basis factoring in the complete POT split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/01/2014 |
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End date: |
12/29/2017 |
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Start price/share: |
$35.32 |
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End price/share: |
$20.65 |
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Starting shares: |
283.13 |
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Ending shares: |
336.00 |
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Dividends reinvested/share: |
$4.02 |
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Total return: |
-30.62% |
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Average Annual Total Return: |
-9.29% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$6,938.95 |
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Years: |
3.75 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/01/2014 |
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End date: |
12/29/2017 |
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Start price/share: |
$35.32 |
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End price/share: |
$20.65 |
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Dividends collected/share: |
$4.02 |
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Total return: |
-30.15% |
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Average Annual Total Return: |
-9.13% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$6,984.94 |
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Years: |
3.75 |
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Date |
Ratio |
08/18/2004 | 2 for 1 | 05/30/2007 | 3 for 1 | 02/25/2011 | 3 for 1 |
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