 |
Video: What is a Stock Split?
|
 |
Verizon Communications Inc. is a holding company. Co., through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its reportable segments are Verizon Consumer Group and Verizon Business Group. Its Consumer segment provides wireless and wireline communications services. Its wireless services are provided across wireless networks in the U.S. (U.S.) under the Verizon brands. Its wireline services are provided in nine states in the Mid-Atlantic and Northeastern U.S., as well as Washington D.C., over its fiber-optic network under the Fios brand and over a traditional copper-based network. According to our VZ split history records, Verizon Communications has had 6 splits. | |
 |

Verizon Communications (VZ) has 6 splits in our VZ split history database. The first split for VZ took place on April 18, 1986. This was a 2 for 1
split, meaning for each share of VZ 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. VZ's second split took place on May 02, 1990. This was a 2 for 1
split, meaning for each share of VZ 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. VZ's third split took place on June 30, 1998. This was a 2 for 1
split, meaning for each share of VZ 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. VZ's 4th split took place on November 20, 2006. This was a 1000000 for 963340 split, meaning for each 963340 shares of VZ owned pre-split, the shareholder now owned 1000000 shares. For example, a 8000 share position pre-split, became a 8304.44079971765 share position following the split. VZ's 5th split took place on April 01, 2008. This was a 1000000 for 995370 split, meaning for each 995370 shares of VZ owned pre-split, the shareholder now owned 1000000 shares. For example, a 8304.44079971765 share position pre-split, became a 8343.06921016069 share position following the split. VZ's 6th split took place on July 02, 2010. This was a 1000000 for 937989 split, meaning for each 937989 shares of VZ owned pre-split, the shareholder now owned 1000000 shares. For example, a 8343.06921016069 share position pre-split, became a 8894.6343828773 share position following the split.
When a company such as Verizon Communications 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 VZ split history from start to finish, an original position size of 1000 shares would have turned into 8894.6343828773 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Verizon Communications shares, starting with a $10,000 purchase of VZ, presented on a split-history-adjusted basis factoring in the complete VZ split history.

Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
02/18/2015 |
|
End date: |
02/14/2025 |
|
Start price/share: |
$48.94 |
|
End price/share: |
$40.99 |
|
Starting shares: |
204.33 |
|
Ending shares: |
340.53 |
|
Dividends reinvested/share: |
$24.60 |
|
Total return: |
39.59% |
|
Average Annual Total Return: |
3.39% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$13,955.51 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
02/18/2015 |
|
End date: |
02/14/2025 |
|
Start price/share: |
$48.94 |
|
End price/share: |
$40.99 |
|
Dividends collected/share: |
$24.60 |
|
Total return: |
34.03% |
|
Average Annual Total Return: |
2.97% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$13,399.00 |
|
Years: |
10.00 |
|
|
 |
Date |
Ratio |
04/18/1986 | 2 for 1
| 05/02/1990 | 2 for 1
| 06/30/1998 | 2 for 1
| 11/20/2006 | 1000000 for 963340 | 04/01/2008 | 1000000 for 995370 | 07/02/2010 | 1000000 for 937989 |
|
 |