 |
 Video: What is a Stock Split?
|
|
|
| SPX is a supplier of engineered solutions. Co. has two reportable segments: Flow Technology, which engineers, designs, manufactures and markets products and solutions used to process, blend, filter, dry, meter and transport fluids with a focus on original equipment installation and aftermarket components and support services; and Thermal Equipment and Services, which engineers, designs, manufactures, installs and services thermal heat transfer products. Additionally, Co. provides industrial tools and hydraulic units, tower and obstruction lights and monitoring equipment, communications and signal monitoring systems, fare collection systems, and portable cable and pipe locators. According to our SPW split history records, SPW has had 1 split. | |
|
SPW (SPW) has 1 split in our SPW split history database. The split for SPW took place on October 25, 2002. This was a 2 for 1 split, meaning for each share of SPW 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 SPW 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 SPW 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 SPW shares, starting with a $10,000 purchase of SPW, presented on a split-history-adjusted basis factoring in the complete SPW split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
10/10/2014 |
|
| End date: |
09/25/2015 |
|
| Start price/share: |
$84.75 |
|
| End price/share: |
$49.44 |
|
| Starting shares: |
117.99 |
|
| Ending shares: |
119.67 |
|
| Dividends reinvested/share: |
$1.12 |
|
| Total return: |
-40.83% |
|
| Annualized Gain: |
-42.58% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$5,917.00 |
|
| Years: |
0.96 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
10/10/2014 |
|
| End date: |
09/25/2015 |
|
| Start price/share: |
$84.75 |
|
| End price/share: |
$49.44 |
|
| Dividends collected/share: |
$1.12 |
|
| Total return: |
-40.34% |
|
| Annualized Gain: |
-42.06% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$5,966.00 |
|
| Years: |
0.96 |
|
|
|
| Date |
Ratio |
| 10/25/2002 | 2 for 1 |
|
|
Free SPW Email Alerts:
