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 Video: What is a Stock Split?
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| Del Taco Restaurants is an operator and franchisor of restaurants featuring made-to-order cuisine, including both Mexican inspired and American classic dishes. Majority of Co.'s Del Taco restaurants are located in the Pacific Southwest. Co. serves its guests prepared food with quick service restaurants. Co.'s menu provides a combination of Mexican-inspired food, such as tacos and burritos, and American classics, such as Double Del cheeseburgers, fries and milkshakes. Additionally, Co.'s menu features both items such as its Beyond Tacos, its plant-based protein taco, Platos plated meals, Epic Burritos®, Handcrafted Ensaladas and Fresca Bowls, as well as items on its Del's Dollar Deals menu. According to our TACO split history records, TACO has had 1 split. | |
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TACO (TACO) has 1 split in our TACO split history database. The split for TACO took place on October 19, 1993. This was a 3 for 2
split, meaning for each 2
shares of TACO owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as TACO 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 TACO split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into TACO shares, starting with a $10,000 purchase of TACO, presented on a split-history-adjusted basis factoring in the complete TACO split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
03/08/2022 |
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| Start price/share: |
$9.77 |
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| End price/share: |
$12.51 |
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| Starting shares: |
1,023.54 |
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| Ending shares: |
1,045.06 |
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| Dividends reinvested/share: |
$0.20 |
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| Total return: |
30.74% |
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| Average Annual Total Return: |
3.83% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$13,073.94 |
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| Years: |
7.13 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
03/08/2022 |
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| Start price/share: |
$9.77 |
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| End price/share: |
$12.51 |
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| Dividends collected/share: |
$0.20 |
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| Total return: |
30.09% |
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| Average Annual Total Return: |
3.76% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$13,011.21 |
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| Years: |
7.13 |
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| Date |
Ratio |
| 10/19/1993 | 3 for 2
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