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 Video: What is a Stock Split?
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| Sunoco LP is an energy infrastructure and fuel distribution master limited partnership operating in over 40 U.S. states, Puerto Rico, Europe, and Mexico. Its midstream operations include a network of approximately 14,000 miles of pipeline and over 100 terminals. Its segments include Fuel Distribution, Pipeline Systems and Terminals. The Fuel Distribution segment supplies motor fuel to independently operated dealer stations, distributors, commission agents and other consumers. According to our SUN split history records, Sunoco LP has had 2 splits. | |
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Sunoco LP (SUN) has 2 splits in our SUN split history database. The first split for SUN took place on November 01, 1988. This was a 2 for 1
split, meaning for each share of SUN 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. SUN's second split took place on August 02, 2005. This was a 2 for 1 split, meaning for each share of SUN 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 Sunoco LP 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 SUN 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 Sunoco LP shares, starting with a $10,000 purchase of SUN, presented on a split-history-adjusted basis factoring in the complete SUN split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/11/2014 |
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| End date: |
12/09/2024 |
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| Start price/share: |
$45.50 |
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| End price/share: |
$54.16 |
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| Starting shares: |
219.78 |
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| Ending shares: |
556.08 |
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| Dividends reinvested/share: |
$32.60 |
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| Total return: |
201.17% |
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| Average Annual Total Return: |
11.65% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$30,110.53 |
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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: |
12/11/2014 |
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| End date: |
12/09/2024 |
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| Start price/share: |
$45.50 |
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| End price/share: |
$54.16 |
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| Dividends collected/share: |
$32.60 |
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| Total return: |
90.68% |
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| Average Annual Total Return: |
6.67% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,076.55 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 11/01/1988 | 2 for 1
| | 08/02/2005 | 2 for 1 |
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