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 Video: What is a Stock Split?
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| Sinclair Broadcast Group is a television broadcasting company with using Co.'s spectrum to bring together content providers, advertisers, and consumers on various platforms. The content, distributed through Co.'s broadcast platform, consists of programming provided by third-party networks and syndicators, local news, Co.'s own networks, and other original programming produced by Co. Co. also distributes its original programming, and owned and operated network, on other third-party platforms. Co. operates technical services companies focused on supply and maintenance of broadcast transmission systems as well as research and development for the development of broadcast technology. According to our SBGI split history records, Sinclair Broadcast Group has had 1 split. |
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Sinclair Broadcast Group (SBGI) has 1 split in our SBGI split history database. The split for SBGI took place on May 29, 1998. This was a 2 for 1
split, meaning for each share of SBGI 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 Sinclair Broadcast 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 SBGI 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 Sinclair Broadcast Group shares, starting with a $10,000 purchase of SBGI, presented on a split-history-adjusted basis factoring in the complete SBGI split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
03/01/2010 |
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| End date: |
02/26/2020 |
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| Start price/share: |
$5.06 |
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| End price/share: |
$23.36 |
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| Starting shares: |
1,976.28 |
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| Ending shares: |
2,907.01 |
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| Dividends reinvested/share: |
$7.15 |
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| Total return: |
579.08% |
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| Average Annual Total Return: |
21.12% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$67,909.52 |
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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: |
03/01/2010 |
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| End date: |
02/26/2020 |
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| Start price/share: |
$5.06 |
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| End price/share: |
$23.36 |
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| Dividends collected/share: |
$7.15 |
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| Total return: |
503.06% |
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| Average Annual Total Return: |
19.69% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$60,306.60 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 05/29/1998 | 2 for 1
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