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 Video: What is a Stock Split?
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| Community Financial is a bank holding company. Through its wholly-owned subsidiary, Community Bank of the Chesapeake (the Bank), Co. is engaged in the commercial and retail banking business, including the acceptance of deposits and the origination of loans. The Bank provides a variety of commercial and consumer loans. The Bank's lending activities include commercial real estate loans, loans secured by residential rental property, construction loans, land acquisition and development loans, equipment financing, commercial and consumer loans. The Bank's deposit products include savings, money market, demand deposit and time deposit accounts. According to our TCFC split history records, TCFC has had 1 split. | |
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TCFC (TCFC) has 1 split in our TCFC split history database. The split for TCFC took place on November 29, 2006. This was a 3 for 2 split, meaning for each 2 shares of TCFC 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 TCFC 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 TCFC 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 TCFC shares, starting with a $10,000 purchase of TCFC, presented on a split-history-adjusted basis factoring in the complete TCFC split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/16/2014 |
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| End date: |
06/30/2023 |
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| Start price/share: |
$21.20 |
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| End price/share: |
$27.09 |
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| Starting shares: |
471.70 |
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| Ending shares: |
546.62 |
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| Dividends reinvested/share: |
$4.32 |
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| Total return: |
48.08% |
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| Average Annual Total Return: |
4.57% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,812.32 |
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| Years: |
8.79 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
09/16/2014 |
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| End date: |
06/30/2023 |
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| Start price/share: |
$21.20 |
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| End price/share: |
$27.09 |
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| Dividends collected/share: |
$4.32 |
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| Total return: |
48.18% |
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| Average Annual Total Return: |
4.57% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,812.32 |
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| Years: |
8.79 |
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| Date |
Ratio |
| 11/29/2006 | 3 for 2 |
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