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 Video: What is a Stock Split?
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| Schweitzer-Mauduit International is a producer of materials, including papers, nets and films. Co. operates under two reportable segments: Advanced Materials and Structures, which manufacture and sell a variety of engineered resin-based nets, films, and other non-wovens, and these performance materials are used in growing applications serving the filtration, transportation, infrastructure and construction, medical, and industrial end-markets, and Engineered Papers, which produces cigarette papers and reconstituted tobacco products for cigarette and cigar manufacturers, as well as various other non-tobacco paper products. According to our SWM split history records, Schweitzer-Mauduit International has had 1 split. |
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Schweitzer-Mauduit International (SWM) has 1 split in our SWM split history database. The split for SWM took place on August 22, 2012. This was a 2 for 1 split, meaning for each share of SWM 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 Schweitzer-Mauduit International 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 SWM 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 Schweitzer-Mauduit International shares, starting with a $10,000 purchase of SWM, presented on a split-history-adjusted basis factoring in the complete SWM split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
11/29/2010 |
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| End date: |
11/27/2020 |
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| Start price/share: |
$31.60 |
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| End price/share: |
$35.31 |
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| Starting shares: |
316.46 |
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| Ending shares: |
457.22 |
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| Dividends reinvested/share: |
$13.99 |
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| Total return: |
61.44% |
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| Average Annual Total Return: |
4.90% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$16,136.59 |
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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: |
11/29/2010 |
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| End date: |
11/27/2020 |
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| Start price/share: |
$31.60 |
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| End price/share: |
$35.31 |
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| Dividends collected/share: |
$13.99 |
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| Total return: |
56.01% |
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| Average Annual Total Return: |
4.55% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,606.06 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 08/22/2012 | 2 for 1 |
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