 |
 Video: What is a Stock Split?
|
|
|
| SunCoke Energy is an independent producer of coke. Co. also provides handling and/or mixing services to steel, coke, electric utility, coal producing and other manufacturing based customers. Co. has three segments: Domestic Coke, which consists of its Jewell facility, Indiana Harbor facility, Haverhill facility, Granite City facility, and Middletown facility; Brazil Coke, which consists of operations in Vitoria, Brazil, where Co. operates the ArcelorMittal Brasil S.A. cokemaking facility for a Brazilian subsidiary of ArcelorMittal S.A.; and Logistics, which consists of Convent Marine Terminal, Kanawha River Terminal, SunCoke Lake Terminal, and Dismal River Terminal. According to our SXC split history records, SunCoke Energy has had 1 split. |
|
|
SunCoke Energy (SXC) has 1 split in our SXC split history database. The split for SXC took place on May 31, 2006. This was a 2 for 1 split, meaning for each share of SXC 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 SunCoke Energy 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 SXC 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 SunCoke Energy shares, starting with a $10,000 purchase of SXC, presented on a split-history-adjusted basis factoring in the complete SXC split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
07/21/2011 |
|
| End date: |
02/24/2020 |
|
| Start price/share: |
$17.00 |
|
| End price/share: |
$5.62 |
|
| Starting shares: |
588.24 |
|
| Ending shares: |
638.75 |
|
| Dividends reinvested/share: |
$0.61 |
|
| Total return: |
-64.10% |
|
| Average Annual Total Return: |
-11.23% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$3,588.79 |
|
| Years: |
8.60 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
07/21/2011 |
|
| End date: |
02/24/2020 |
|
| Start price/share: |
$17.00 |
|
| End price/share: |
$5.62 |
|
| Dividends collected/share: |
$0.61 |
|
| Total return: |
-63.34% |
|
| Average Annual Total Return: |
-11.01% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$3,666.03 |
|
| Years: |
8.60 |
|
|
|
| Date |
Ratio |
| 05/31/2006 | 2 for 1 |
|
|
