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 Video: What is a Stock Split?
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| Servotronics, Inc. develops and manufactures servo controls and other components for various commercial and government applications, including aircraft, jet engines, missiles, manufacturing equipment and other aerospace applications. Co.'s Advanced Technology Group (ATG) segment designs, manufactures, and markets a variety of servo-control components, which convert an electrical current into a mechanical force or movement and other related products. Its servo-control components produced include torque motors, electromagnetic actuators, hydraulic valves, pneumatic valves, and similar devices. Its operating facilities are located in Elma and Franklinville, New York. According to our SVT split history records, Servotronics has had 5 splits. | |
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Servotronics (SVT) has 5 splits in our SVT split history database. The first split for SVT took place on July 19, 1995. This was a 106 for 100 split, meaning for each 100 shares of SVT owned pre-split, the shareholder now owned 106 shares. For example, a 1000 share position pre-split, became a 1060 share position following the split. SVT's second split took place on May 29, 1996. This was a 108 for 100 split, meaning for each 100 shares of SVT owned pre-split, the shareholder now owned 108 shares. For example, a 1060 share position pre-split, became a 1144.8 share position following the split. SVT's third split took place on April 14, 1987. This was a 11 for 10 split, meaning for each 10 shares of SVT owned pre-split, the shareholder now owned 11 shares. For example, a 1144.8 share position pre-split, became a 1259.28 share position following the split. SVT's 4th split took place on April 15, 1988. This was a 11 for 10 split, meaning for each 10 shares of SVT owned pre-split, the shareholder now owned 11 shares. For example, a 1259.28 share position pre-split, became a 1385.208 share position following the split. SVT's 5th split took place on April 17, 1989. This was a 11 for 10 split, meaning for each 10 shares of SVT owned pre-split, the shareholder now owned 11 shares. For example, a 1385.208 share position pre-split, became a 1523.7288 share position following the split.
When a company such as Servotronics 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 SVT split history from start to finish, an original position size of 1000 shares would have turned into 1523.7288 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Servotronics shares, starting with a $10,000 purchase of SVT, presented on a split-history-adjusted basis factoring in the complete SVT split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
06/20/2016 |
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| End date: |
07/01/2025 |
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| Start price/share: |
$8.84 |
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| End price/share: |
$46.94 |
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| Starting shares: |
1,131.22 |
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| Ending shares: |
1,168.11 |
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| Dividends reinvested/share: |
$0.31 |
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| Total return: |
448.31% |
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| Average Annual Total Return: |
20.72% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$54,818.32 |
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| Years: |
9.04 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
06/20/2016 |
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| End date: |
07/01/2025 |
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| Start price/share: |
$8.84 |
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| End price/share: |
$46.94 |
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| Dividends collected/share: |
$0.31 |
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| Total return: |
434.50% |
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| Average Annual Total Return: |
20.38% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$53,438.97 |
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| Years: |
9.04 |
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| Date |
Ratio |
| 07/19/1995 | 106 for 100 | | 05/29/1996 | 108 for 100 | | 04/14/1987 | 11 for 10 | | 04/15/1988 | 11 for 10 | | 04/17/1989 | 11 for 10 |
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