 |
 Video: What is a Stock Split?
|
|
|
| Sociedad Quimica y Minera de Chile is a producer of potassium nitrate and iodine and is one of the lithium producers. Co. has six product categories: specialty plant nutrients, which produces four main types of specialty plant nutrients: potassium nitrate, sodium nitrate, sodium potassium nitrate and specialty blends; iodine and its derivatives, which is a producer of iodine and iodine derivatives; lithium and its derivatives, which is a producer of lithium carbonate; potassium, which produces potassium chloride and potassium sulfate; industrial chemicals, which produces three industrial chemicals: potassium nitrate, potassium sulfate and potassium chloride. According to our SQM split history records, Sociedad Quimica y Minera de Chile S.A. has had 2 splits. | |
|
Sociedad Quimica y Minera de Chile S.A. (SQM) has 2 splits in our SQM split history database. The first split for SQM took place on March 31, 2008. This was a 10 for 1 split, meaning for each share of SQM owned pre-split, the shareholder now owned 10 shares. For example, a 1000 share position pre-split, became a 10000 share position following the split. SQM's second split took place on April 27, 2016. This was a 1027 for 1000 split, meaning for each 1000 shares of SQM owned pre-split, the shareholder now owned 1027 shares. For example, a 10000 share position pre-split, became a 10270 share position following the split.
When a company such as Sociedad Quimica y Minera de Chile S.A. 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 SQM split history from start to finish, an original position size of 1000 shares would have turned into 10270 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Sociedad Quimica y Minera de Chile S.A. shares, starting with a $10,000 purchase of SQM, presented on a split-history-adjusted basis factoring in the complete SQM split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
09/12/2014 |
|
| End date: |
09/10/2024 |
|
| Start price/share: |
$26.61 |
|
| End price/share: |
$34.88 |
|
| Starting shares: |
375.80 |
|
| Ending shares: |
587.81 |
|
| Dividends reinvested/share: |
$22.97 |
|
| Total return: |
105.03% |
|
| Average Annual Total Return: |
7.44% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$20,499.60 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
09/12/2014 |
|
| End date: |
09/10/2024 |
|
| Start price/share: |
$26.61 |
|
| End price/share: |
$34.88 |
|
| Dividends collected/share: |
$22.97 |
|
| Total return: |
117.42% |
|
| Average Annual Total Return: |
8.07% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$21,734.21 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 03/31/2008 | 10 for 1 | | 04/27/2016 | 1027 for 1000 |
|
|
Free SQM Email Alerts:
