 |
 Video: What is a Stock Split?
|
|
|
| Standex International Corporation is a diversified industrial manufacturing company. Co. operates through five segments. Its Electronics segment manufactures and sells electronic components for applications throughout the end user market spectrum. Its Engraving segment provides mold texturizing, slush molding tools, project management and design services, roll engraving, hygiene product tooling, low observation vents for stealth aircraft, and process machinery for several industries. Its Scientific segment sells specialty temperature-controlled equipment for the medical, scientific, pharmaceutical, biotech and industrial markets. According to our SXI split history records, Standex International has had 1 split. | |
|
Standex International (SXI) has 1 split in our SXI split history database. The split for SXI took place on May 26, 1993. This was a 2 for 1
split, meaning for each share of SXI 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 Standex 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 SXI 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 Standex International shares, starting with a $10,000 purchase of SXI, presented on a split-history-adjusted basis factoring in the complete SXI split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
06/16/2015 |
|
| End date: |
06/13/2025 |
|
| Start price/share: |
$83.00 |
|
| End price/share: |
$152.71 |
|
| Starting shares: |
120.48 |
|
| Ending shares: |
132.02 |
|
| Dividends reinvested/share: |
$9.00 |
|
| Total return: |
101.61% |
|
| Average Annual Total Return: |
7.26% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$20,154.77 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
06/16/2015 |
|
| End date: |
06/13/2025 |
|
| Start price/share: |
$83.00 |
|
| End price/share: |
$152.71 |
|
| Dividends collected/share: |
$9.00 |
|
| Total return: |
94.83% |
|
| Average Annual Total Return: |
6.90% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$19,488.44 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 05/26/1993 | 2 for 1
|
|
|
Free SXI Email Alerts:
