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 Video: What is a Stock Split?
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| United Financial Bancorp is a bank holding company. Through its subsidiary, Rockville Bank, Co. provides commercial loans, commercial real estate loans, residential and commercial construction loans, residential real estate loans collateralized by one-to-four family residences, home equity lines of credit and fixed rate loans and other consumer loans. Co. also provides deposit products, including checking, savings, money market savings accounts, negotiable order of withdrawal accounts and time deposits. The Bank also provides a variety of retirement deposit accounts to personal and business customers. At Dec 31 2012, Co. had total assets of $2.00 billion and total deposits of $1.50 billion. According to our RCKB split history records, RCKB has had 1 split. | |
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RCKB (RCKB) has 1 split in our RCKB split history database. The split for RCKB took place on March 04, 2011. This was a 15167 for 10000 split, meaning for each 10000 shares of RCKB owned pre-split, the shareholder now owned 15167 shares. For example, a 1000 share position pre-split, became a 1516.7 share position following the split.
When a company such as RCKB 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 RCKB split history from start to finish, an original position size of 1000 shares would have turned into 1516.7 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into RCKB shares, starting with a $10,000 purchase of RCKB, presented on a split-history-adjusted basis factoring in the complete RCKB split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/02/2013 |
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| End date: |
04/30/2014 |
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| Start price/share: |
$14.66 |
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| End price/share: |
$13.16 |
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| Starting shares: |
682.13 |
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| Ending shares: |
687.24 |
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| Dividends reinvested/share: |
$0.10 |
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| Total return: |
-9.56% |
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| Annualized Gain: |
-23.58% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,044.00 |
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| Years: |
0.41 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/02/2013 |
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| End date: |
04/30/2014 |
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| Start price/share: |
$14.66 |
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| End price/share: |
$13.16 |
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| Dividends collected/share: |
$0.10 |
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| Total return: |
-9.55% |
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| Annualized Gain: |
-23.55% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,045.00 |
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| Years: |
0.41 |
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| Date |
Ratio |
| 03/04/2011 | 15167 for 10000 |
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