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Video: What is a Stock Split?
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United Stationers is a wholesale distributor of business products. Co. provides a range of technology products, office products, office furniture, janitorial and breakroom supplies, and industrial supplies. In addition, Co. also provides private brand products. Co.'s customers independent office products dealers; contract stationers; office products superstores; computer products resellers; office furniture dealers; mass merchandisers; mail order companies; sanitary supply, paper and foodservice distributors; drug and grocery store chains; healthcare distributors; e-commerce merchants; and other independent distributors. According to our USTR split history records, USTR has had 3 splits. | |
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USTR (USTR) has 3 splits in our USTR split history database. The first split for USTR took place on November 10, 1995. This was a 2 for 1
split, meaning for each share of USTR 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. USTR's second split took place on September 29, 1998. This was a 2 for 1
split, meaning for each share of USTR 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. USTR's third split took place on June 01, 2011. This was a 2 for 1 split, meaning for each share of USTR owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split.
When a company such as USTR 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 USTR split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into USTR shares, starting with a $10,000 purchase of USTR, presented on a split-history-adjusted basis factoring in the complete USTR split history.

Growth of $10,000.00
With Dividends Reinvested
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Start date: |
10/01/2013 |
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End date: |
05/29/2015 |
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Start price/share: |
$43.98 |
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End price/share: |
$38.84 |
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Starting shares: |
227.38 |
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Ending shares: |
232.10 |
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Dividends reinvested/share: |
$0.84 |
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Total return: |
-9.85% |
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Average Annual Total Return: |
-6.07% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$9,014.10 |
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Years: |
1.66 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/01/2013 |
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End date: |
05/29/2015 |
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Start price/share: |
$43.98 |
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End price/share: |
$38.84 |
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Dividends collected/share: |
$0.84 |
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Total return: |
-9.78% |
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Average Annual Total Return: |
-6.02% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$9,022.05 |
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Years: |
1.66 |
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Date |
Ratio |
11/10/1995 | 2 for 1
| 09/29/1998 | 2 for 1
| 06/01/2011 | 2 for 1 |
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