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Video: What is a Stock Split?
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Sabra Health Care REIT, Inc. is a self-managed real estate investment trust (REIT) that owns and invests in healthcare real estate. Its primary business involves acquiring, financing, and owning properties leased to third-party tenants in the healthcare sector. The portfolio includes skilled nursing facilities, senior housing communities, behavioral health facilities, specialty hospitals, and other healthcare properties. Sabra also engages in joint ventures, loans receivable, and preferred equity investments, with properties across the U.S. and Canada totaling around 37,834 beds/units. According to our SBRA split history records, Sabra Health Care REIT has had 1 split. | |
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Sabra Health Care REIT (SBRA) has 1 split in our SBRA split history database. The split for SBRA took place on November 16, 2010. This was a 1 for 3 reverse split, meaning for each 3 shares of SBRA owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 333.333333333333 share position following the split.
When a company such as Sabra Health Care REIT conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the SBRA split history from start to finish, an original position size of 1000 shares would have turned into 333.333333333333 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Sabra Health Care REIT shares, starting with a $10,000 purchase of SBRA, presented on a split-history-adjusted basis factoring in the complete SBRA split history.

Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/30/2015 |
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End date: |
04/28/2025 |
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Start price/share: |
$29.88 |
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End price/share: |
$17.50 |
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Starting shares: |
334.67 |
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Ending shares: |
767.86 |
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Dividends reinvested/share: |
$14.66 |
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Total return: |
34.38% |
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Average Annual Total Return: |
3.00% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$13,440.25 |
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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: |
04/30/2015 |
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End date: |
04/28/2025 |
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Start price/share: |
$29.88 |
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End price/share: |
$17.50 |
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Dividends collected/share: |
$14.66 |
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Total return: |
7.63% |
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Average Annual Total Return: |
0.74% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,765.35 |
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Years: |
10.00 |
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Date |
Ratio |
11/16/2010 | 1 for 3 |
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