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 Video: What is a Stock Split?
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| Trinity Industries is a provider of railcar products and services in North America. Co.'s rail-related businesses market their railcar products and services under the trade name TrinityRail®. The TrinityRail platform provides railcar leasing and management services, railcar manufacturing, and railcar maintenance and modification services. Co. has two reportable segments: Railcar Leasing and Management Services Group, which is is a provider in North America of railcar industry services; and Rail Products Group, which is a manufacturer of freight and tank railcars in North America used for transporting a variety of liquids, gases, and dry cargo. According to our TRN split history records, Trinity Industries has had 5 splits. | |
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Trinity Industries (TRN) has 5 splits in our TRN split history database. The first split for TRN took place on September 01, 1993. This was a 3 for 2
split, meaning for each 2
shares of TRN 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. TRN's second split took place on June 12, 2006. This was a 3 for 2 split, meaning for each 2 shares of TRN owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split. TRN's third split took place on April 01, 1997. This was a 10000 for 8181 split, meaning for each 8181 shares of TRN owned pre-split, the shareholder now owned 10000 shares. For example, a 2250 share position pre-split, became a 2750.27502750275 share position following the split. TRN's 4th split took place on June 20, 2014. This was a 2 for 1 split, meaning for each share of TRN owned pre-split, the shareholder now owned 2 shares. For example, a 2750.27502750275 share position pre-split, became a 5500.5500550055 share position following the split. TRN's 5th split took place on November 01, 2018. This was a 1389 for 1000 split, meaning for each 1000 shares of TRN owned pre-split, the shareholder now owned 1389 shares. For example, a 5500.5500550055 share position pre-split, became a 7640.26402640264 share position following the split.
When a company such as Trinity Industries 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 TRN split history from start to finish, an original position size of 1000 shares would have turned into 7640.26402640264 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Trinity Industries shares, starting with a $10,000 purchase of TRN, presented on a split-history-adjusted basis factoring in the complete TRN split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/17/2024 |
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| Start price/share: |
$26.25 |
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| End price/share: |
$25.89 |
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| Starting shares: |
380.95 |
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| Ending shares: |
499.37 |
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| Dividends reinvested/share: |
$6.24 |
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| Total return: |
29.29% |
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| Average Annual Total Return: |
2.60% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$12,924.46 |
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| Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/17/2024 |
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| Start price/share: |
$26.25 |
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| End price/share: |
$25.89 |
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| Dividends collected/share: |
$6.24 |
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| Total return: |
22.41% |
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| Average Annual Total Return: |
2.04% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$12,236.48 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 09/01/1993 | 3 for 2
| | 06/12/2006 | 3 for 2 | | 04/01/1997 | 10000 for 8181 | | 06/20/2014 | 2 for 1 | | 11/01/2018 | 1389 for 1000 |
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