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 Video: What is a Stock Split?
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| UIL Holding is a holding company, engaged in operating its regulated utility business. Co.'s utility businesses consist of the electric distribution and transmission operations of The United Illuminating Company, which service area, primarily urban and suburban, includes the principal cities of Bridgeport and New Haven, as well as their surrounding areas; and the natural gas transportation, distribution and sales operations of The Southern Connecticut Gas Company, Connecticut Natural Gas Corporation, and The Berkshire Gas Company, which operations of service area mainly in Connecticut and western Massachusetts. According to our UIL split history records, UIL has had 1 split. | |
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UIL (UIL) has 1 split in our UIL split history database. The split for UIL took place on July 05, 2006. This was a 5 for 3 split, meaning for each 3 shares of UIL owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1666.66666666667 share position following the split.
When a company such as UIL 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 UIL split history from start to finish, an original position size of 1000 shares would have turned into 1666.66666666667 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into UIL shares, starting with a $10,000 purchase of UIL, presented on a split-history-adjusted basis factoring in the complete UIL 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: |
12/17/2015 |
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| Start price/share: |
$37.16 |
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| End price/share: |
$50.10 |
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| Starting shares: |
269.11 |
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| Ending shares: |
288.50 |
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| Dividends reinvested/share: |
$3.02 |
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| Total return: |
44.54% |
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| Average Annual Total Return: |
24.93% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,453.19 |
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| Years: |
1.65 |
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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: |
12/17/2015 |
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| Start price/share: |
$37.16 |
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| End price/share: |
$50.10 |
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| Dividends collected/share: |
$3.02 |
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| Total return: |
42.96% |
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| Average Annual Total Return: |
24.11% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,296.54 |
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| Years: |
1.65 |
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| Date |
Ratio |
| 07/05/2006 | 5 for 3 |
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