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Video: What is a Stock Split?
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QLogic designs and supplies server and storage networking connectivity products that provide, improve and manage computer data communication. These products facilitate the transfer of data and enable resource sharing between servers, networks and storage. Co.'s products are used in enterprise, managed service provider, consumer web, and cloud service provider data centers. Co.'s products are based on Fibre Channel and Ethernet technologies and are used in connection with storage networks, local area networks, and converged networks. Co.'s converged products can support storage networking and data networking capability covering a range of protocols either individually or in combination. According to our QLGC split history records, QLGC has had 4 splits. | |
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QLGC (QLGC) has 4 splits in our QLGC split history database. The first split for QLGC took place on February 23, 1999. This was a 2 for 1
split, meaning for each share of QLGC 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. QLGC's second split took place on August 02, 1999. This was a 2 for 1
split, meaning for each share of QLGC 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. QLGC's third split took place on February 09, 2000. This was a 2 for 1
split, meaning for each share of QLGC owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. QLGC's 4th split took place on March 03, 2006. This was a 2 for 1 split, meaning for each share of QLGC owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split.
When a company such as QLGC 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 QLGC split history from start to finish, an original position size of 1000 shares would have turned into 16000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into QLGC shares, starting with a $10,000 purchase of QLGC, presented on a split-history-adjusted basis factoring in the complete QLGC split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/28/2014 |
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End date: |
08/16/2016 |
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Start price/share: |
$11.53 |
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End price/share: |
$16.07 |
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Dividends collected/share: |
$0.00 |
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Total return: |
39.38% |
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Average Annual Total Return: |
15.50% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$13,937.85 |
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Years: |
2.30 |
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Date |
Ratio |
02/23/1999 | 2 for 1
| 08/02/1999 | 2 for 1
| 02/09/2000 | 2 for 1
| 03/03/2006 | 2 for 1 |
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