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 Video: What is a Stock Split?
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| Safehold finances, invests in and develops real estate and real estate related projects as part of its integrated investment platform. Co.'s segments are: net lease, which includes its conventional net lease investments and manages entities focused on ground lease investments; real estate finance, which is comprised of leasehold loans, preferred equity investments and senior and subordinated loans; operating properties, comprising of commercial and residential properties that represent various assets across a range of geographies and property types; and land and development, which is comprised of land entitled for master planned communities and waterfront and urban infill land parcels. According to our STAR split history records, STAR has had 3 splits. | |
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STAR (STAR) has 3 splits in our STAR split history database. The first split for STAR took place on August 10, 1992. This was a 2 for 1
split, meaning for each share of STAR 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. STAR's second split took place on April 27, 1993. This was a 2 for 1
split, meaning for each share of STAR 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. STAR's third split took place on November 30, 2022. This was a 1284 for 1000 split, meaning for each 1000 shares of STAR owned pre-split, the shareholder now owned 1284 shares. For example, a 4000 share position pre-split, became a 5136 share position following the split.
When a company such as STAR 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 STAR split history from start to finish, an original position size of 1000 shares would have turned into 5136 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into STAR shares, starting with a $10,000 purchase of STAR, presented on a split-history-adjusted basis factoring in the complete STAR split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/10/2013 |
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| End date: |
03/30/2023 |
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| Start price/share: |
$10.09 |
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| End price/share: |
$7.63 |
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| Starting shares: |
991.08 |
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| Ending shares: |
1,131.91 |
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| Dividends reinvested/share: |
$1.45 |
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| Total return: |
-13.64% |
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| Average Annual Total Return: |
-1.56% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,639.09 |
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| Years: |
9.30 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/10/2013 |
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| End date: |
03/30/2023 |
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| Start price/share: |
$10.09 |
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| End price/share: |
$7.63 |
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| Dividends collected/share: |
$1.45 |
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| Total return: |
-10.02% |
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| Average Annual Total Return: |
-1.13% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,996.63 |
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| Years: |
9.30 |
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| Date |
Ratio |
| 08/10/1992 | 2 for 1
| | 04/27/1993 | 2 for 1
| | 11/30/2022 | 1284 for 1000 |
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