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Video: What is a Stock Split?
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SuRo Capital is an internally-managed, non-diversified closed-end management investment company. Co.'s investment objective is to maximize its portfolio's total return, principally by seeking capital gains on its equity and equity-related investments. According to our SSSS split history records, SuRo Capital has had 1 split. | |
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SuRo Capital (SSSS) has 1 split in our SSSS split history database. The split for SSSS took place on May 14, 1992. This was a 2 for 1
split, meaning for each share of SSSS 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 SuRo Capital 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 SSSS 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 SuRo Capital shares, starting with a $10,000 purchase of SSSS, presented on a split-history-adjusted basis factoring in the complete SSSS split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/01/2014 |
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End date: |
03/28/2024 |
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Start price/share: |
$10.35 |
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End price/share: |
$4.55 |
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Starting shares: |
966.18 |
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Ending shares: |
2,716.85 |
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Dividends reinvested/share: |
$12.06 |
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Total return: |
23.62% |
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Average Annual Total Return: |
2.14% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,357.58 |
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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: |
04/01/2014 |
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End date: |
03/28/2024 |
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Start price/share: |
$10.35 |
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End price/share: |
$4.55 |
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Dividends collected/share: |
$12.06 |
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Total return: |
60.48% |
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Average Annual Total Return: |
4.85% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$16,055.65 |
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Years: |
10.00 |
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Date |
Ratio |
05/14/1992 | 2 for 1
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