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 Video: What is a Stock Split?
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| Schweitzer-Mauduit International is a producer of engineered solutions and advanced materials for a variety of industries. Co. operates and manages two segments based on its product lines: Advanced Materials and Structures (AMS) and Engineered Papers (EP). In AMS, Co. manufactures and sells a variety of engineered resin-based nets, films, adhesive tapes, foams and other non-wovens. These materials are often used in applications serving the healthcare, construction, industrial, transportation and filtration end-markets. Co.'s EP segment primarily produces tobacco-related papers including various papers used in cigarette production and reconstituted tobacco, a reprocessed tobacco material. According to our SWM split history records, SWM has had 1 split. | |
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SWM (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 SWM 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 SWM 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: |
10/09/2014 |
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| End date: |
07/05/2022 |
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| Start price/share: |
$39.27 |
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| End price/share: |
$23.41 |
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| Starting shares: |
254.65 |
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| Ending shares: |
368.03 |
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| Dividends reinvested/share: |
$13.54 |
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| Total return: |
-13.84% |
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| Average Annual Total Return: |
-1.91% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,613.01 |
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| Years: |
7.74 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/09/2014 |
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| End date: |
07/05/2022 |
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| Start price/share: |
$39.27 |
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| End price/share: |
$23.41 |
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| Dividends collected/share: |
$13.54 |
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| Total return: |
-5.91% |
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| Average Annual Total Return: |
-0.78% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,411.73 |
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| Years: |
7.74 |
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| Date |
Ratio |
| 08/22/2012 | 2 for 1 |
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