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 Video: What is a Stock Split?
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| Simpson Manufacturing Co., Inc., through its subsidiary, Simpson Strong-Tie Co. Inc. designs, engineers and manufactures structural solutions for wood, concrete, and steel connections. Its wood construction products include connectors, truss plates, fastening systems, fasteners and shearwalls, and concrete construction products. Its wood construction products are used in light-frame building applications. Its concrete construction products include adhesives, chemicals, mechanical anchors, carbide drill bits, fiber reinforced materials and other repair products used for protection and strengthening structures. According to our SSD split history records, Simpson Manufacturing has had 2 splits. | |
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Simpson Manufacturing (SSD) has 2 splits in our SSD split history database. The first split for SSD took place on August 19, 2002. This was a 2 for 1 split, meaning for each share of SSD 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. SSD's second split took place on November 19, 2004. This was a 2 for 1 split, meaning for each share of SSD 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 Simpson Manufacturing 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 SSD 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 Simpson Manufacturing shares, starting with a $10,000 purchase of SSD, presented on a split-history-adjusted basis factoring in the complete SSD split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/07/2016 |
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| End date: |
10/05/2026 |
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| Start price/share: |
$43.64 |
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| End price/share: |
$172.77 |
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| Starting shares: |
229.15 |
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| Ending shares: |
254.67 |
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| Dividends reinvested/share: |
$9.92 |
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| Total return: |
340.00% |
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| Average Annual Total Return: |
15.97% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$44,000.39 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/07/2016 |
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| End date: |
10/05/2026 |
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| Start price/share: |
$43.64 |
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| End price/share: |
$172.77 |
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| Dividends collected/share: |
$9.92 |
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| Total return: |
318.63% |
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| Average Annual Total Return: |
15.39% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$41,848.68 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 08/19/2002 | 2 for 1 | | 11/19/2004 | 2 for 1 |
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