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 Video: What is a Stock Split?
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| Universal Security Instruments, Inc. designs and markets a variety of safety and security products consisting primarily of smoke alarms, carbon monoxide alarms and related products. Co. sells its products through retail stores and also markets to the electrical distribution trade through its subsidiary, USI Electric, Inc. (USI Electric). The electrical distribution trade includes electrical and lighting distributors, as well as manufactured housing companies. It markets a line of residential smoke and carbon monoxide alarms under the trade names UNIVERSAL and USI Electric. According to our UUU split history records, Universal Security Instruments has had 2 splits. | |
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Universal Security Instruments (UUU) has 2 splits in our UUU split history database. The first split for UUU took place on April 06, 2004. This was a 4 for 3 split, meaning for each 3 shares of UUU owned pre-split, the shareholder now owned 4 shares. For example, a 1000 share position pre-split, became a 1333.33333333333 share position following the split. UUU's second split took place on October 17, 2006. This was a 4 for 3 split, meaning for each 3 shares of UUU owned pre-split, the shareholder now owned 4 shares. For example, a 1333.33333333333 share position pre-split, became a 1777.77777777778 share position following the split.
When a company such as Universal Security Instruments 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 UUU split history from start to finish, an original position size of 1000 shares would have turned into 1777.77777777778 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Universal Security Instruments shares, starting with a $10,000 purchase of UUU, presented on a split-history-adjusted basis factoring in the complete UUU split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
01/27/2015 |
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| End date: |
01/23/2025 |
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| Start price/share: |
$5.87 |
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| End price/share: |
$2.34 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-60.14% |
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| Average Annual Total Return: |
-8.79% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$3,985.97 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 04/06/2004 | 4 for 3 | | 10/17/2006 | 4 for 3 |
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