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 Video: What is a Stock Split?
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| Service Corporation International is a provider of funeral, cemetery and cremation services, as well as final arrangement planning in advance. Co.'s diversified portfolio of brands provides families and individuals a range of choices to meet their needs, from simple cremations to full life celebrations and personalized remembrances. Its Dignity Memorial brand is a transcontinental brand of deathcare products and services. It owns and operates 1,483 funeral service locations and 489 cemeteries (of which 305 are combination locations) in 44 states, eight Canadian provinces, the District of Columbia, and Puerto Rico. According to our SCI split history records, Service International has had 2 splits. | |
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Service International (SCI) has 2 splits in our SCI split history database. The first split for SCI took place on August 25, 1997. This was a 2 for 1
split, meaning for each share of SCI 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. SCI's second split took place on February 22, 2000. This was a 2 for 1
split, meaning for each share of SCI owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as Service International 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 SCI split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Service International shares, starting with a $10,000 purchase of SCI, presented on a split-history-adjusted basis factoring in the complete SCI split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/12/2016 |
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| End date: |
09/08/2026 |
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| Start price/share: |
$26.30 |
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| End price/share: |
$80.99 |
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| Starting shares: |
380.23 |
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| Ending shares: |
449.64 |
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| Dividends reinvested/share: |
$9.24 |
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| Total return: |
264.16% |
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| Average Annual Total Return: |
13.80% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$36,401.14 |
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| Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
09/12/2016 |
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| End date: |
09/08/2026 |
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| Start price/share: |
$26.30 |
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| End price/share: |
$80.99 |
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| Dividends collected/share: |
$9.24 |
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| Total return: |
243.08% |
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| Average Annual Total Return: |
13.13% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$34,315.02 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 08/25/1997 | 2 for 1
| | 02/22/2000 | 2 for 1
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