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 Video: What is a Stock Split?
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| Real Good Foods is a health and wellness-focused frozen food company. Co. develops, markets, and manufactures foods. Co. sells foods such as its bacon wrapped stuffed chicken, chicken enchiladas, grain-free cheesy bread breakfast sandwiches, and various entree bowls. Co. sells substantially all of its products under its Realgood Foods Co. brand. Co. also sells a number of private label products to select retail customers. Co.'s branded products are sold to consumers through a number of locations within retail channels, primarily in natural and conventional grocery, drug, club, and mass merchandise stores. According to our RGF split history records, Real Good Food has had 1 split. | |
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Real Good Food (RGF) has 1 split in our RGF split history database. The split for RGF took place on January 30, 2004. This was a 3 for 2 split, meaning for each 2 shares of RGF owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as Real Good Food 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 RGF split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Real Good Food shares, starting with a $10,000 purchase of RGF, presented on a split-history-adjusted basis factoring in the complete RGF split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
11/08/2021 |
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| End date: |
04/26/2024 |
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| Start price/share: |
$9.00 |
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| End price/share: |
$0.26 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-97.12% |
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| Average Annual Total Return: |
-76.32% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$287.80 |
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| Years: |
2.46 |
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| Date |
Ratio |
| 01/30/2004 | 3 for 2 |
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