 |
 Video: What is a Stock Split?
|
|
|
| Valley Financial is a bank holding company. Through its subsidiary, Valley Bank, Co. is engaged in providing commercial banking business to small-to-medium sized businesses, and individuals. Co. provides a range of deposit services including checking accounts, negotiable order of withdrawal accounts, savings accounts and other time deposits of various types, ranging from daily money market accounts to longer-term certificates of deposit. Co.'s lending services include commercial loans, residential real estate loans, construction and development loans, and consumer loans. As of Dec 31 2013, Co. had total assets of $825.3 million and total deposits of $677.0 million. According to our VYFC split history records, VYFC has had 2 splits. | |
|
VYFC (VYFC) has 2 splits in our VYFC split history database. The first split for VYFC took place on May 31, 2002. This was a 3 for 2 split, meaning for each 2 shares of VYFC owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. VYFC's second split took place on June 01, 2004. This was a 2 for 1 split, meaning for each share of VYFC owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split.
When a company such as VYFC 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 VYFC split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into VYFC shares, starting with a $10,000 purchase of VYFC, presented on a split-history-adjusted basis factoring in the complete VYFC split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
10/10/2014 |
|
| End date: |
07/01/2015 |
|
| Start price/share: |
$12.50 |
|
| End price/share: |
$21.36 |
|
| Starting shares: |
800.00 |
|
| Ending shares: |
805.60 |
|
| Dividends reinvested/share: |
$0.12 |
|
| Total return: |
72.08% |
|
| Annualized Gain: |
99.65% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$17,208.00 |
|
| Years: |
0.72 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
10/10/2014 |
|
| End date: |
07/01/2015 |
|
| Start price/share: |
$12.50 |
|
| End price/share: |
$21.36 |
|
| Dividends collected/share: |
$0.12 |
|
| Total return: |
71.84% |
|
| Annualized Gain: |
99.32% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$17,184.00 |
|
| Years: |
0.72 |
|
|
|
| Date |
Ratio |
| 05/31/2002 | 3 for 2 | | 06/01/2004 | 2 for 1 |
|
|
Free VYFC Email Alerts:
