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 Video: What is a Stock Split?
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| Sprott is a global asset manager providing clients with access to precious metals and real assets investment strategies. Co.'s operating segments are as follows: Exchange Listed Products, which provides management services to Co.'s closed-end physical trusts and exchange traded funds; Managed Equities, which provides asset management and sub-advisory services; Lending, which provides lending and streaming activities through limited partnership vehicles; Brokerage, which includes the activities of Co.'s Canadian and U.S broker-dealers; and Corporate, which provides capital, balance sheet management and enterprise shared services to Co.'s subsidiaries. According to our SII split history records, Sprott has had 2 splits. | |
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Sprott (SII) has 2 splits in our SII split history database. The first split for SII took place on July 09, 2002. This was a 2 for 1 split, meaning for each share of SII 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. SII's second split took place on August 25, 2005. This was a 2 for 1 split, meaning for each share of SII 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 Sprott 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 SII 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 Sprott shares, starting with a $10,000 purchase of SII, presented on a split-history-adjusted basis factoring in the complete SII split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/12/2014 |
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| End date: |
09/10/2024 |
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| Start price/share: |
$2.53 |
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| End price/share: |
$39.46 |
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| Starting shares: |
3,952.57 |
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| Ending shares: |
5,504.06 |
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| Dividends reinvested/share: |
$4.67 |
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| Total return: |
2,071.90% |
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| Average Annual Total Return: |
36.03% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$217,126.64 |
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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: |
09/12/2014 |
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| End date: |
09/10/2024 |
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| Start price/share: |
$2.53 |
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| End price/share: |
$39.46 |
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| Dividends collected/share: |
$4.67 |
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| Total return: |
1,644.31% |
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| Average Annual Total Return: |
33.08% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$174,368.47 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 07/09/2002 | 2 for 1 | | 08/25/2005 | 2 for 1 |
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