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 Video: What is a Stock Split?
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| Helios Technologies develops and manufactures solutions for both the hydraulics and electronics markets. In the hydraulics market, operating under the brand Sun Hydraulics, Co. is a manufacturer of screw-in hydraulic cartridge valves, electro-hydraulics, manifolds, and integrated package solutions for the worldwide industrial and mobile hydraulics markets. In the electronics market, operating under the brands of Enovation Controls, Murphy, Zero Off and HCT, Co. is a global provider of electronic control, display and instrumentation solutions for both recreational and off-highway vehicles, as well as stationary and power generation equipment. According to our SNHY split history records, SNHY has had 3 splits. | |
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SNHY (SNHY) has 3 splits in our SNHY split history database. The first split for SNHY took place on July 18, 2005. This was a 3 for 2 split, meaning for each 2 shares of SNHY 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. SNHY's second split took place on July 17, 2007. This was a 3 for 2 split, meaning for each 2 shares of SNHY owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split. SNHY's third split took place on July 18, 2011. This was a 3 for 2 split, meaning for each 2 shares of SNHY owned pre-split, the shareholder now owned 3 shares. For example, a 2250 share position pre-split, became a 3375 share position following the split.
When a company such as SNHY 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 SNHY split history from start to finish, an original position size of 1000 shares would have turned into 3375 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SNHY shares, starting with a $10,000 purchase of SNHY, presented on a split-history-adjusted basis factoring in the complete SNHY split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/10/2014 |
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| End date: |
06/14/2019 |
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| Start price/share: |
$36.21 |
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| End price/share: |
$44.71 |
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| Starting shares: |
276.17 |
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| Ending shares: |
288.97 |
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| Dividends reinvested/share: |
$1.77 |
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| Total return: |
29.20% |
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| Average Annual Total Return: |
5.63% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$12,921.46 |
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| Years: |
4.68 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/10/2014 |
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| End date: |
06/14/2019 |
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| Start price/share: |
$36.21 |
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| End price/share: |
$44.71 |
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| Dividends collected/share: |
$1.77 |
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| Total return: |
28.36% |
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| Average Annual Total Return: |
5.48% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$12,835.82 |
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| Years: |
4.68 |
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| Date |
Ratio |
| 07/18/2005 | 3 for 2 | | 07/17/2007 | 3 for 2 | | 07/18/2011 | 3 for 2 |
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