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 Video: What is a Stock Split?
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| Scholastic is a publisher and distributor of children's books, a provider of print and digital instructional materials for grades pre-kindergarten to grade 12 and a producer of educational and entertaining children's media. Co. creates books and ebooks, print and technology-based learning materials and programs, classroom magazines and other products that, in combination, provides schools, as well as parents and children, customized and solutions to support children's learning and reading at school and at home. Co. is an operator of school-based book club and book fair proprietary channels. Co. has operations in the U.S. and throughout the world including Canada, U.K., Australia, and Asia. According to our SCHL split history records, Scholastic has had 1 split. | |
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Scholastic (SCHL) has 1 split in our SCHL split history database. The split for SCHL took place on January 17, 2001. This was a 2 for 1 split, meaning for each share of SCHL 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 Scholastic 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 SCHL 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 Scholastic shares, starting with a $10,000 purchase of SCHL, presented on a split-history-adjusted basis factoring in the complete SCHL split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
10/03/2024 |
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| Start price/share: |
$31.64 |
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| End price/share: |
$25.55 |
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| Starting shares: |
316.06 |
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| Ending shares: |
377.34 |
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| Dividends reinvested/share: |
$6.45 |
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| Total return: |
-3.59% |
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| Average Annual Total Return: |
-0.37% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,636.20 |
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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: |
10/07/2014 |
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| End date: |
10/03/2024 |
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| Start price/share: |
$31.64 |
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| End price/share: |
$25.55 |
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| Dividends collected/share: |
$6.45 |
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| Total return: |
1.14% |
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| Average Annual Total Return: |
0.11% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$10,110.52 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 01/17/2001 | 2 for 1 |
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