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 Video: What is a Stock Split?
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| The Timken Co. designs and manages a portfolio of engineered bearings and industrial motion products and provides related services. Its Engineered Bearings segment features a range of product designs serving original equipment manufacturers (OEMs) and end-users. Its portfolio features Timken, GGB, and Fafnir brands and serves customers across industries, including wind energy, agriculture, construction, food and beverage, metals and mining, automotive and truck, aerospace, rail and more. According to our TKR split history records, Timken has had 3 splits. | |
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Timken (TKR) has 3 splits in our TKR split history database. The first split for TKR took place on September 01, 1988. This was a 2 for 1
split, meaning for each share of TKR 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. TKR's second split took place on June 02, 1997. This was a 2 for 1
split, meaning for each share of TKR owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. TKR's third split took place on July 01, 2014. This was a 1397 for 1000 split, meaning for each 1000 shares of TKR owned pre-split, the shareholder now owned 1397 shares. For example, a 4000 share position pre-split, became a 5588 share position following the split.
When a company such as Timken 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 TKR split history from start to finish, an original position size of 1000 shares would have turned into 5588 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Timken shares, starting with a $10,000 purchase of TKR, presented on a split-history-adjusted basis factoring in the complete TKR split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/30/2015 |
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| End date: |
04/28/2025 |
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| Start price/share: |
$39.29 |
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| End price/share: |
$65.29 |
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| Starting shares: |
254.52 |
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| Ending shares: |
317.10 |
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| Dividends reinvested/share: |
$11.66 |
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| Total return: |
107.03% |
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| Average Annual Total Return: |
7.55% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$20,710.51 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/30/2015 |
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| End date: |
04/28/2025 |
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| Start price/share: |
$39.29 |
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| End price/share: |
$65.29 |
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| Dividends collected/share: |
$11.66 |
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| Total return: |
95.85% |
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| Average Annual Total Return: |
6.95% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,583.39 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 09/01/1988 | 2 for 1
| | 06/02/1997 | 2 for 1
| | 07/01/2014 | 1397 for 1000 |
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