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Video: What is a Stock Split?
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Partners is a bank holding company. Through its subsidiaries, Co. provides services to its subsidiaries, The Bank of Delmarva (Delmarva) and Virginia Partners Bank (Partners), which include, but are not limited to, management assistance, internal auditing services, compliance management, financial reporting and training, and vendor management support. Delmarva provides commercial and consumer banking services to individuals, small and medium-sized businesses and personnel in Southern New Jersey and the eastern shore regions of Maryland and Delaware. Partners engages in the general banking business and provides financial services to the communities in and around Virginia and Maryland. According to our PTRS split history records, Partners Bancorp has had 3 splits. | |
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Partners Bancorp (PTRS) has 3 splits in our PTRS split history database. The first split for PTRS took place on December 02, 1997. This was a 2 for 1
split, meaning for each share of PTRS 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. PTRS's second split took place on March 08, 1999. This was a 11 for 10
split, meaning for each 10
shares of PTRS owned pre-split, the shareholder now owned 11 shares. For example, a 2000 share position pre-split, became a 2200 share position following the split. PTRS's third split took place on July 03, 2000. This was a 105 for 100
split, meaning for each 100
shares of PTRS owned pre-split, the shareholder now owned 105 shares. For example, a 2200 share position pre-split, became a 2310 share position following the split.
When a company such as Partners Bancorp 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 PTRS split history from start to finish, an original position size of 1000 shares would have turned into 2310 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Partners Bancorp shares, starting with a $10,000 purchase of PTRS, presented on a split-history-adjusted basis factoring in the complete PTRS split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
03/31/2014 |
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End date: |
11/30/2023 |
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Start price/share: |
$4.10 |
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End price/share: |
$7.15 |
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Starting shares: |
2,439.02 |
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Ending shares: |
2,746.09 |
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Dividends reinvested/share: |
$0.87 |
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Total return: |
96.35% |
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Average Annual Total Return: |
7.22% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$19,628.51 |
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Years: |
9.67 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
03/31/2014 |
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End date: |
11/30/2023 |
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Start price/share: |
$4.10 |
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End price/share: |
$7.15 |
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Dividends collected/share: |
$0.87 |
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Total return: |
95.51% |
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Average Annual Total Return: |
7.18% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$19,557.78 |
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Years: |
9.67 |
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Date |
Ratio |
12/02/1997 | 2 for 1
| 03/08/1999 | 11 for 10
| 07/03/2000 | 105 for 100
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