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 Video: What is a Stock Split?
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| Vectren is an energy holding company. Co.'s subsidiary, Vectren Utility Holdings, Inc., served as the intermediate holding company for three public utilities that provides natural gas distribution and transportation services and electric transmission and distribution services. Co., through Vectren Enterprises, Inc. subsidiary, is involved in nonutility activities in two primary business areas: infrastructure services, which provides underground pipeline construction and repair to utility infrastructure; and energy services, which assists schools, hospitals, governmental facilities, and other private institutions with reducing energy and maintenance costs through Energy Systems Group, LLC. According to our VVC split history records, VVC has had 4 splits. | |
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VVC (VVC) has 4 splits in our VVC split history database. The first split for VVC took place on February 03, 1989. This was a 2 for 1
split, meaning for each share of VVC 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. VVC's second split took place on October 04, 1993. This was a 3 for 2
split, meaning for each 2
shares of VVC owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 3000 share position following the split. VVC's third split took place on October 05, 1998. This was a 4 for 3
split, meaning for each 3
shares of VVC owned pre-split, the shareholder now owned 4 shares. For example, a 3000 share position pre-split, became a 4000 share position following the split. VVC's 4th split took place on October 19, 1984. This was a 2 for 1 split, meaning for each share of VVC 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 VVC 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 VVC 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 VVC shares, starting with a $10,000 purchase of VVC, presented on a split-history-adjusted basis factoring in the complete VVC split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/24/2013 |
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| End date: |
02/26/2019 |
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| Start price/share: |
$33.61 |
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| End price/share: |
$72.38 |
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| Starting shares: |
297.53 |
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| Ending shares: |
353.30 |
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| Dividends reinvested/share: |
$8.52 |
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| Total return: |
155.72% |
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| Average Annual Total Return: |
18.89% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$25,576.64 |
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| Years: |
5.43 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
09/24/2013 |
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| End date: |
02/26/2019 |
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| Start price/share: |
$33.61 |
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| End price/share: |
$72.38 |
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| Dividends collected/share: |
$8.52 |
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| Total return: |
140.70% |
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| Average Annual Total Return: |
17.57% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$24,072.83 |
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| Years: |
5.43 |
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| Date |
Ratio |
| 02/03/1989 | 2 for 1
| | 10/04/1993 | 3 for 2
| | 10/05/1998 | 4 for 3
| | 10/19/1984 | 2 for 1 |
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