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 Video: What is a Stock Split?
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| PSB Holdings is a holding company. Co.'s principal business consists of accepting deposits from the general public in Windham County and New London County, CT and investing those deposits, together with funds generated from operations, primarily in loans secured by real estate, including one-to-four family residential mortgage loans and commercial real estate loans (including multi-family real estate loans). Co. also provides a range of deposit instruments, including checking, savings, money market deposit accounts, negotiable order of withdrawal accounts and fixed-term certificates of deposit. As of June 30 2015, Co. had total assets of $473.6 million and total deposits of $357.6 million. According to our PSBH split history records, PSBH has had 2 splits. | |
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PSBH (PSBH) has 2 splits in our PSBH split history database. The first split for PSBH took place on April 30, 2002. This was a 11 for 10 split, meaning for each 10 shares of PSBH owned pre-split, the shareholder now owned 11 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split. PSBH's second split took place on June 03, 2003. This was a 3 for 1 split, meaning for each share of PSBH owned pre-split, the shareholder now owned 3 shares. For example, a 1100 share position pre-split, became a 3300 share position following the split.
When a company such as PSBH 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 PSBH split history from start to finish, an original position size of 1000 shares would have turned into 3300 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into PSBH shares, starting with a $10,000 purchase of PSBH, presented on a split-history-adjusted basis factoring in the complete PSBH split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
05/21/2015 |
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| End date: |
01/07/2016 |
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| Start price/share: |
$7.56 |
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| End price/share: |
$10.25 |
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| Starting shares: |
1,322.75 |
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| Ending shares: |
1,334.70 |
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| Dividends reinvested/share: |
$0.08 |
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| Total return: |
36.81% |
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| Annualized Gain: |
58.16% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$13,681.00 |
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| Years: |
0.63 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
05/21/2015 |
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| End date: |
01/07/2016 |
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| Start price/share: |
$7.56 |
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| End price/share: |
$10.25 |
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| Dividends collected/share: |
$0.08 |
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| Total return: |
36.64% |
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| Annualized Gain: |
57.89% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$13,664.00 |
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| Years: |
0.63 |
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| Date |
Ratio |
| 04/30/2002 | 11 for 10 | | 06/03/2003 | 3 for 1 |
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