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Video: What is a Stock Split?
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RGC Resources, Inc. is an energy services company. It is primarily engaged in the sale and distribution of natural gas to residential, commercial and industrial customers in Roanoke, Virginia, and the surrounding localities, through its subsidiary, Roanoke Gas Co. (Roanoke Gas). Roanoke Gas also provides certain unregulated services. Roanoke Gas maintains an integrated natural gas distribution system to deliver natural gas purchased from suppliers to residential, commercial, and industrial users in its service territory. Roanoke Gas owns and operates about six metering stations through, which it measures and regulates the gas being delivered by its suppliers. According to our RGCO split history records, RGC Resources has had 3 splits. | |
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RGC Resources (RGCO) has 3 splits in our RGCO split history database. The first split for RGCO took place on July 05, 1994. This was a 2 for 1
split, meaning for each share of RGCO 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. RGCO's second split took place on September 02, 2011. This was a 2 for 1 split, meaning for each share of RGCO 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. RGCO's third split took place on March 02, 2017. This was a 3 for 2 split, meaning for each 2 shares of RGCO owned pre-split, the shareholder now owned 3 shares. For example, a 4000 share position pre-split, became a 6000 share position following the split.
When a company such as RGC Resources 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 RGCO split history from start to finish, an original position size of 1000 shares would have turned into 6000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into RGC Resources shares, starting with a $10,000 purchase of RGCO, presented on a split-history-adjusted basis factoring in the complete RGCO split history.

Growth of $10,000.00
With Dividends Reinvested
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Start date: |
02/11/2015 |
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End date: |
02/10/2025 |
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Start price/share: |
$14.13 |
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End price/share: |
$21.46 |
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Starting shares: |
707.71 |
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Ending shares: |
963.26 |
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Dividends reinvested/share: |
$6.61 |
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Total return: |
106.72% |
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Average Annual Total Return: |
7.53% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$20,676.13 |
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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: |
02/11/2015 |
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End date: |
02/10/2025 |
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Start price/share: |
$14.13 |
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End price/share: |
$21.46 |
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Dividends collected/share: |
$6.61 |
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Total return: |
98.64% |
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Average Annual Total Return: |
7.10% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$19,863.60 |
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Years: |
10.01 |
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Date |
Ratio |
07/05/1994 | 2 for 1
| 09/02/2011 | 2 for 1 | 03/02/2017 | 3 for 2 |
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