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 Video: What is a Stock Split?
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| SIFCO Industries is engaged in the production of forgings, sub-assemblies, and machined components for the Aerospace and Energy markets. Co.'s products are made of steel, alloys, nickel alloy, titanium and aluminum. Co.'s product offerings include: original equipment manufacturers and aftermarket components for aircraft and industrial gas turbine engines; steam turbine blades; structural airframe components; aircraft landing gear components; aircraft wheels and brakes; critical rotating components for helicopters; and commercial/industrial products. Co. also provides heat-treatment, surface-treatment, non-destructive testing and select machining and sub-assembly of forged components. According to our SIF split history records, SIFCO Industries has had 1 split. | |
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SIFCO Industries (SIF) has 1 split in our SIF split history database. The split for SIF took place on February 28, 1990. This was a 3 for 2 split, meaning for each 2 shares of SIF owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as SIFCO Industries 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 SIF split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SIFCO Industries shares, starting with a $10,000 purchase of SIF, presented on a split-history-adjusted basis factoring in the complete SIF split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/17/2014 |
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| End date: |
09/13/2024 |
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| Start price/share: |
$27.40 |
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| End price/share: |
$4.81 |
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| Starting shares: |
364.96 |
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| Ending shares: |
367.19 |
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| Dividends reinvested/share: |
$0.20 |
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| Total return: |
-82.34% |
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| Average Annual Total Return: |
-15.92% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$1,766.58 |
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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: |
09/17/2014 |
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| End date: |
09/13/2024 |
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| Start price/share: |
$27.40 |
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| End price/share: |
$4.81 |
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| Dividends collected/share: |
$0.20 |
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| Total return: |
-81.72% |
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| Average Annual Total Return: |
-15.63% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$1,828.45 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 02/28/1990 | 3 for 2 |
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