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 Video: What is a Stock Split?
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| Silicon Image is a provider of video, audio and connectivity solutions that enable the distribution and presentation of high-definition content for mobile, consumer electronics and personal computer (PC) markets. Co. delivers its technology via semiconductor and intellectual property products that feature its applications such as InstaPort™ and InstaPrevue™. Co.'s products are deployed by electronics manufacturers in devices such as smartphones, tablets, digital televisions, Blu-ray Disc™ players, audio-video receivers, digital cameras, desktop and notebook PCs. Via its subsidiary, Simplay Labs LLC, Co. provides manufacturers product interoperability and standards compliance testing. According to our SIMG split history records, SIMG has had 1 split. | |
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SIMG (SIMG) has 1 split in our SIMG split history database. The split for SIMG took place on August 21, 2000. This was a 2 for 1 split, meaning for each share of SIMG 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 SIMG 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 SIMG 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 SIMG shares, starting with a $10,000 purchase of SIMG, presented on a split-history-adjusted basis factoring in the complete SIMG split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/10/2014 |
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| End date: |
03/10/2015 |
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| Start price/share: |
$4.22 |
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| End price/share: |
$7.28 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
72.51% |
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| Annualized Gain: |
175.28% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$17,251.00 |
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| Years: |
0.41 |
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| Date |
Ratio |
| 08/21/2000 | 2 for 1 |
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