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 Video: What is a Stock Split?
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| Trade Street Residential is primarily a self-administered and self-managed corporation focused on acquiring, owning, operating and managing garden-style and mid-rise apartment communities in mid-sized cities and suburban submarkets of larger cities primarily in the southeastern U.S. and Texas. As of Dec 31 2013, Co. owned and operated 15 apartment communities containing 3,455 apartment units in Alabama, Florida, Georgia, Kentucky, North Carolina, South Carolina, Tennessee and Texas. In addition, Co. owns four parcels of land that are zoned for multifamily development, as well as one parcel of undeveloped land. According to our TSRE split history records, TSRE has had 1 split. | |
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TSRE (TSRE) has 1 split in our TSRE split history database. The split for TSRE took place on December 30, 2013. This was a 1217 for 1000 split, meaning for each 1000 shares of TSRE owned pre-split, the shareholder now owned 1217 shares. For example, a 1000 share position pre-split, became a 1217 share position following the split.
When a company such as TSRE 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 TSRE split history from start to finish, an original position size of 1000 shares would have turned into 1217 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into TSRE shares, starting with a $10,000 purchase of TSRE, presented on a split-history-adjusted basis factoring in the complete TSRE 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: |
12/15/2015 |
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| Start price/share: |
$6.97 |
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| End price/share: |
$6.79 |
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| Starting shares: |
1,434.72 |
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| Ending shares: |
1,471.92 |
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| Dividends reinvested/share: |
$0.18 |
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| Total return: |
-0.06% |
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| Annualized Gain: |
-0.09% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,994.00 |
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| Years: |
0.63 |
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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: |
12/15/2015 |
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| Start price/share: |
$6.97 |
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| End price/share: |
$6.79 |
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| Dividends collected/share: |
$0.18 |
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| Total return: |
-0.04% |
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| Annualized Gain: |
-0.07% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,996.00 |
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| Years: |
0.63 |
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| Date |
Ratio |
| 12/30/2013 | 1217 for 1000 |
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