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Video: What is a Stock Split?
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PPL Corporation is an energy company. Co. is focused on providing electricity and natural gas in the U.S.. Co. operates through three segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. The Kentucky Regulated segment consists primarily of the regulated electricity generation, transmission and distribution operations conducted by Louisville Gas & Electric Co. (LG&E) and Kentucky Utilities Co. (KU), as well as LG&E's regulated distribution and sale of natural gas. LG&E and KU are engaged in the regulated generation, transmission, distribution and sale of electricity in Kentucky and, in KU's case, also Virginia. According to our PPL split history records, PPL has had 3 splits. | |
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PPL (PPL) has 3 splits in our PPL split history database. The first split for PPL took place on May 12, 1992. This was a 2 for 1
split, meaning for each share of PPL 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. PPL's second split took place on August 25, 2005. This was a 2 for 1 split, meaning for each share of PPL 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. PPL's third split took place on June 02, 2015. This was a 10000 for 9314 split, meaning for each 9314 shares of PPL owned pre-split, the shareholder now owned 10000 shares. For example, a 4000 share position pre-split, became a 4294.61026411853 share position following the split.
When a company such as PPL 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 PPL split history from start to finish, an original position size of 1000 shares would have turned into 4294.61026411853 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into PPL shares, starting with a $10,000 purchase of PPL, presented on a split-history-adjusted basis factoring in the complete PPL split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
01/23/2015 |
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End date: |
01/21/2025 |
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Start price/share: |
$33.32 |
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End price/share: |
$33.57 |
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Starting shares: |
300.12 |
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Ending shares: |
475.51 |
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Dividends reinvested/share: |
$14.06 |
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Total return: |
59.63% |
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Average Annual Total Return: |
4.79% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$15,968.13 |
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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: |
01/23/2015 |
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End date: |
01/21/2025 |
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Start price/share: |
$33.32 |
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End price/share: |
$33.57 |
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Dividends collected/share: |
$14.06 |
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Total return: |
42.93% |
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Average Annual Total Return: |
3.64% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$14,299.36 |
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Years: |
10.00 |
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Date |
Ratio |
05/12/1992 | 2 for 1
| 08/25/2005 | 2 for 1 | 06/02/2015 | 10000 for 9314 |
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