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 Video: What is a Stock Split?
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| RLI is an insurance holding company. Through its subsidiaries, Co. underwrites select property and casualty insurance. Co. conducts operations through three insurance subsidiaries, which are RLI Insurance Company, Mt. Hawley Insurance Company, and Contractors Bonding and Insurance Company. Co.'s segments are: casualty, which includes commercial excess and personal umbrella, general liability, other services, commercial transportation, small commercial, executive products and other casualty; property, which includes commercial property, marine, specialty personal and other property; and surety, which includes miscellaneous, commercial and contract. According to our RLI split history records, RLI has had 4 splits. | |
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RLI (RLI) has 4 splits in our RLI split history database. The first split for RLI took place on June 22, 1995. This was a 5 for 4
split, meaning for each 4
shares of RLI owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1250 share position following the split. RLI's second split took place on June 22, 1998. This was a 5 for 4
split, meaning for each 4
shares of RLI owned pre-split, the shareholder now owned 5 shares. For example, a 1250 share position pre-split, became a 1562.5 share position following the split. RLI's third split took place on October 16, 2002. This was a 2 for 1 split, meaning for each share of RLI owned pre-split, the shareholder now owned 2 shares. For example, a 1562.5 share position pre-split, became a 3125 share position following the split. RLI's 4th split took place on January 16, 2014. This was a 2 for 1 split, meaning for each share of RLI owned pre-split, the shareholder now owned 2 shares. For example, a 3125 share position pre-split, became a 6250 share position following the split.
When a company such as RLI 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 RLI split history from start to finish, an original position size of 1000 shares would have turned into 6250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into RLI shares, starting with a $10,000 purchase of RLI, presented on a split-history-adjusted basis factoring in the complete RLI split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/29/2014 |
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| End date: |
04/26/2024 |
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| Start price/share: |
$42.89 |
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| End price/share: |
$144.15 |
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| Starting shares: |
233.15 |
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| Ending shares: |
344.53 |
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| Dividends reinvested/share: |
$31.75 |
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| Total return: |
396.64% |
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| Average Annual Total Return: |
17.38% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$49,652.49 |
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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: |
04/29/2014 |
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| End date: |
04/26/2024 |
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| Start price/share: |
$42.89 |
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| End price/share: |
$144.15 |
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| Dividends collected/share: |
$31.75 |
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| Total return: |
310.12% |
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| Average Annual Total Return: |
15.16% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$41,021.97 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 06/22/1995 | 5 for 4
| | 06/22/1998 | 5 for 4
| | 10/16/2002 | 2 for 1 | | 01/16/2014 | 2 for 1 |
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