 |
 Video: What is a Stock Split?
|
|
|
| Shaw Communications is a communications and media company. Co. has four operating segments: consumer, which provides cable telecommunications and satellite video services to residential customers; business network services, which provides data networking, cable telecommunications, satellite video and fleet tracking services to businesses and public sector entities; business infrastructure services, which provides data centre colocation, cloud technology and managed Information Technology solutions to businesses; and media, which provides programming content. According to our SJR split history records, Shaw Communications has had 2 splits. | |
|
Shaw Communications (SJR) has 2 splits in our SJR split history database. The first split for SJR took place on February 15, 2000. This was a 2 for 1
split, meaning for each share of SJR 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. SJR's second split took place on August 03, 2007. This was a 2 for 1 split, meaning for each share of SJR 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 Shaw Communications 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 SJR 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 Shaw Communications shares, starting with a $10,000 purchase of SJR, presented on a split-history-adjusted basis factoring in the complete SJR split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
04/20/2009 |
|
| End date: |
04/18/2019 |
|
| Start price/share: |
$14.96 |
|
| End price/share: |
$20.40 |
|
| Starting shares: |
668.45 |
|
| Ending shares: |
1,015.27 |
|
| Dividends reinvested/share: |
$8.80 |
|
| Total return: |
107.11% |
|
| Average Annual Total Return: |
7.55% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$20,706.38 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
04/20/2009 |
|
| End date: |
04/18/2019 |
|
| Start price/share: |
$14.96 |
|
| End price/share: |
$20.40 |
|
| Dividends collected/share: |
$8.80 |
|
| Total return: |
95.22% |
|
| Average Annual Total Return: |
6.92% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$19,524.93 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 02/15/2000 | 2 for 1
| | 08/03/2007 | 2 for 1 |
|
|
