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 Video: What is a Stock Split?
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| Radian Group Inc. is a diversified mortgage and real estate services company. Co. provides mortgage insurance and other products and services to the real estate and mortgage finance industries. Co. operates through its two business segments: Mortgage and homegenius. Co.'s Mortgage segment aggregates, manages and distributes U.S. mortgage credit risk on behalf of mortgage lending institutions and mortgage credit investors, principally through private mortgage insurance on residential first-lien mortgage loans, and also provides other credit risk management, contract underwriting and fulfillment solutions. According to our RDN split history records, Radian Group has had 2 splits. | |
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Radian Group (RDN) has 2 splits in our RDN split history database. The first split for RDN took place on December 03, 1996. This was a 2 for 1
split, meaning for each share of RDN 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. RDN's second split took place on June 21, 2001. This was a 2 for 1 split, meaning for each share of RDN 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.
When a company such as Radian Group 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 RDN split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Radian Group shares, starting with a $10,000 purchase of RDN, presented on a split-history-adjusted basis factoring in the complete RDN split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/11/2015 |
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| End date: |
12/10/2025 |
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| Start price/share: |
$13.68 |
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| End price/share: |
$35.72 |
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| Starting shares: |
730.99 |
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| Ending shares: |
883.77 |
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| Dividends reinvested/share: |
$4.79 |
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| Total return: |
215.68% |
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| Average Annual Total Return: |
12.18% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$31,581.14 |
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| Years: |
10.01 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/11/2015 |
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| End date: |
12/10/2025 |
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| Start price/share: |
$13.68 |
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| End price/share: |
$35.72 |
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| Dividends collected/share: |
$4.79 |
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| Total return: |
196.15% |
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| Average Annual Total Return: |
11.46% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$29,610.69 |
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| Years: |
10.01 |
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| Date |
Ratio |
| 12/03/1996 | 2 for 1
| | 06/21/2001 | 2 for 1 |
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