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Video: What is a Stock Split?
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Salisbury Bancorp is a bank holding company. Through its subsidiary, Salisbury Bank and Trust Company (the Bank), Co. provides commercial banking, consumer financing, retail banking and trust and wealth advisory services. The Bank originates 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. The Bank provides fiduciary services such as trust and estate administration, wealth advisory, and investment management. Additional depositor related services include Merchant Services and Payroll Services. According to our SAL split history records, SAL has had 1 split. | |
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SAL (SAL) has 1 split in our SAL split history database. The split for SAL took place on July 01, 2022. This was a 2 for 1 split, meaning for each share of SAL 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.
When a company such as SAL 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 SAL split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SAL shares, starting with a $10,000 purchase of SAL, presented on a split-history-adjusted basis factoring in the complete SAL split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
11/04/2014 |
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End date: |
08/24/2023 |
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Start price/share: |
$13.67 |
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End price/share: |
$27.88 |
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Starting shares: |
731.53 |
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Ending shares: |
946.68 |
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Dividends reinvested/share: |
$5.09 |
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Total return: |
163.93% |
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Average Annual Total Return: |
11.65% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$26,388.76 |
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Years: |
8.81 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
11/04/2014 |
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End date: |
08/24/2023 |
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Start price/share: |
$13.67 |
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End price/share: |
$27.88 |
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Dividends collected/share: |
$5.09 |
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Total return: |
141.15% |
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Average Annual Total Return: |
10.51% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$24,108.58 |
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Years: |
8.81 |
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Date |
Ratio |
07/01/2022 | 2 for 1 |
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