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 Video: What is a Stock Split?
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| Ryder System is a logistics and transportation company. Co. provides supply chain, transportation, and commercial fleet management solutions. Co.'s segments include: Fleet Management Solutions, which provides full service leasing and leasing with maintenance options, commercial rental, and maintenance services of trucks, tractors and trailers to customers; Supply Chain Solutions, which provides logistics solutions, including distribution management, transportation, transportation management, last mile and other services; and Dedicated Transportation Solutions, which provides primary transportation solutions including dedicated vehicles, drivers, management and administrative support. According to our R split history records, Ryder System has had 2 splits. | |
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Ryder System (R) has 2 splits in our R split history database. The first split for R took place on March 20, 1985. This was a 2 for 1
split, meaning for each share of R 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. R's second split took place on June 02, 1986. This was a 3 for 2
split, meaning for each 2
shares of R owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 3000 share position following the split.
When a company such as Ryder System 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 R split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Ryder System shares, starting with a $10,000 purchase of R, presented on a split-history-adjusted basis factoring in the complete R split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
10/03/2024 |
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| Start price/share: |
$86.40 |
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| End price/share: |
$142.30 |
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| Starting shares: |
115.74 |
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| Ending shares: |
157.18 |
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| Dividends reinvested/share: |
$21.56 |
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| Total return: |
123.67% |
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| Average Annual Total Return: |
8.39% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$22,376.71 |
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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: |
10/07/2014 |
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| End date: |
10/03/2024 |
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| Start price/share: |
$86.40 |
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| End price/share: |
$142.30 |
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| Dividends collected/share: |
$21.56 |
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| Total return: |
89.65% |
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| Average Annual Total Return: |
6.61% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,962.84 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 03/20/1985 | 2 for 1
| | 06/02/1986 | 3 for 2
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