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Video: What is a Stock Split?
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Swift Energy is engaged in developing, exploring, acquiring, and operating oil and gas properties. Co.'s operations are primarily focused on three core areas: South Texas, Southeast Louisiana and Central Louisiana. As of Dec 31 2014, Co. had total estimated proved reserves of 193.8 million barrels of oil equivalent, consisting of 686.75 billion cubic feet of natural gas, 47.7 million barrels of crude oil and 29.7 million barrels of natural gas liquids. According to our SFY split history records, Sofi Select 500 Etf has had 1 split. | |
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Sofi Select 500 Etf (SFY) has 1 split in our SFY split history database. The split for SFY took place on October 08, 1997. This was a 11 for 10
split, meaning for each 10
shares of SFY owned pre-split, the shareholder now owned 11 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split.
When a company such as Sofi Select 500 Etf 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 SFY split history from start to finish, an original position size of 1000 shares would have turned into 1100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Sofi Select 500 Etf shares, starting with a $10,000 purchase of SFY, presented on a split-history-adjusted basis factoring in the complete SFY split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/11/2019 |
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End date: |
03/27/2024 |
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Start price/share: |
$10.01 |
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End price/share: |
$18.59 |
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Starting shares: |
999.00 |
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Ending shares: |
1,059.69 |
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Dividends reinvested/share: |
$0.80 |
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Total return: |
97.00% |
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Average Annual Total Return: |
14.63% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$19,696.06 |
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Years: |
4.96 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/11/2019 |
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End date: |
03/27/2024 |
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Start price/share: |
$10.01 |
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End price/share: |
$18.59 |
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Dividends collected/share: |
$0.80 |
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Total return: |
93.75% |
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Average Annual Total Return: |
14.25% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$19,374.05 |
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Years: |
4.96 |
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Date |
Ratio |
10/08/1997 | 11 for 10
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