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 Video: What is a Stock Split?
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| Southern Copper Corporation is an integrated copper producer. Co. is engaged in the production of copper, molybdenum, silver, and zinc. Co.'s mining, smelting and refining facilities are located in Peru and Mexico and conducts exploration activities in those countries and in Argentina, Chile and Ecuador. Its segments include the Peruvian operations, Mexican open-pit operations and Mexican underground mining operations. Its Peruvian operations include the Toquepala and Cuajone mine complexes and smelting and refining plants, including a precious metals plant, industrial railroad and port facilities. According to our SCCO split history records, Southern Copper has had 3 splits. | |
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Southern Copper (SCCO) has 3 splits in our SCCO split history database. The first split for SCCO took place on July 11, 2008. SCCO's second split took place on August 09, 2024. This was a 1005 for 1000 split, meaning for each 1000 shares of SCCO owned pre-split, the shareholder now owned 1005 shares. For example, a 1000 share position pre-split, became a 1005 share position following the split. SCCO's third split took place on November 06, 2024. This was a 1006 for 1000 split, meaning for each 1000 shares of SCCO owned pre-split, the shareholder now owned 1006 shares. For example, a 1005 share position pre-split, became a 1011.03 share position following the split.
When a company such as Southern Copper 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 SCCO split history from start to finish, an original position size of 1000 shares would have turned into 1011.03 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Southern Copper shares, starting with a $10,000 purchase of SCCO, presented on a split-history-adjusted basis factoring in the complete SCCO split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
01/23/2015 |
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| End date: |
01/21/2025 |
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| Start price/share: |
$26.83 |
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| End price/share: |
$98.68 |
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| Starting shares: |
372.72 |
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| Ending shares: |
526.00 |
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| Dividends reinvested/share: |
$18.65 |
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| Total return: |
419.06% |
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| Average Annual Total Return: |
17.90% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$51,919.92 |
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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: |
01/23/2015 |
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| End date: |
01/21/2025 |
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| Start price/share: |
$26.83 |
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| End price/share: |
$98.68 |
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| Dividends collected/share: |
$18.65 |
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| Total return: |
337.32% |
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| Average Annual Total Return: |
15.89% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$43,715.46 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 07/11/2008 | 1 for 1 | | 08/09/2024 | 1005 for 1000 | | 11/06/2024 | 1006 for 1000 |
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