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 Video: What is a Stock Split?
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| Power Solutions International is a producer and distributor of a power systems that primarily run on non-diesel fuels such as natural gas, propane and gasoline. Co.'s industrial power systems are used by original equipment manufacturers in a range of industries with a diversified set of applications, including, stationary electricity generators, oil and gas equipment, forklifts, aerial work platforms, industrial sweepers, arbor equipment, agricultural and turf equipment, aircraft ground support equipment, construction and irrigation equipment, and other industrial equipment. Co.'s products and services are sold predominantly to customers throughout North America, Pacific Rim and Europe. According to our PSIX split history records, PSIX has had 1 split. | |
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PSIX (PSIX) has 1 split in our PSIX split history database. The split for PSIX took place on February 14, 2000. This was a 2 for 1
split, meaning for each share of PSIX 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.
When a company such as PSIX 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 PSIX split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into PSIX shares, starting with a $10,000 purchase of PSIX, presented on a split-history-adjusted basis factoring in the complete PSIX split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/09/2014 |
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| End date: |
10/07/2024 |
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| Start price/share: |
$61.41 |
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| End price/share: |
$22.50 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-63.36% |
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| Average Annual Total Return: |
-9.55% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$3,664.09 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 02/14/2000 | 2 for 1
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