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Video: What is a Stock Split?
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State Auto Financial is a property and casualty insurance holding company. Through its subsidiaries, Co. is engaged in writing personal and commercial insurance. Co.'s reportable insurance segments are personal insurance and commercial insurance. In its personal insurance segment, Co. writes standard insurance covering personal exposures to individuals. The primary coverages provided are personal auto, homeowners, and other personal. In its commercial insurance segment, Co. writes standard insurance covering small to medium sized commercial exposures. Co. provides coverages including commercial auto, small commercial package, farm and ranch, workers' compensation and other commercial. According to our STFC split history records, STFC has had 3 splits. | |
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STFC (STFC) has 3 splits in our STFC split history database. The first split for STFC took place on April 07, 1993. This was a 2 for 1
split, meaning for each share of STFC 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. STFC's second split took place on July 09, 1996. This was a 3 for 2
split, meaning for each 2
shares of STFC owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 3000 share position following the split. STFC's third split took place on July 09, 1998. This was a 2 for 1
split, meaning for each share of STFC owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split.
When a company such as STFC 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 STFC split history from start to finish, an original position size of 1000 shares would have turned into 6000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into STFC shares, starting with a $10,000 purchase of STFC, presented on a split-history-adjusted basis factoring in the complete STFC split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
03/01/2022 |
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Start price/share: |
$20.36 |
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End price/share: |
$52.01 |
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Starting shares: |
491.16 |
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Ending shares: |
556.34 |
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Dividends reinvested/share: |
$3.10 |
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Total return: |
189.35% |
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Average Annual Total Return: |
14.51% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$28,943.97 |
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Years: |
7.84 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
03/01/2022 |
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Start price/share: |
$20.36 |
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End price/share: |
$52.01 |
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Dividends collected/share: |
$3.10 |
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Total return: |
170.68% |
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Average Annual Total Return: |
13.54% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$27,075.65 |
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Years: |
7.84 |
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Date |
Ratio |
04/07/1993 | 2 for 1
| 07/09/1996 | 3 for 2
| 07/09/1998 | 2 for 1
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