 |
 Video: What is a Stock Split?
|
|
|
| Wellesley Bancorp is a bank holding company. Through its subsidiary, Wellesley Bank, Co. operates as a community-oriented financial institution providing financial services to consumers and businesses. Co. accepts deposits from the general public and uses those funds to originate primarily residential mortgage loans, commercial real estate loans and construction loans, commercial business loans, and, to a lesser extent, home equity lines of credit and other consumer loans. Co. also provides investment management services for individuals, families, businesses, private partnerships, nonprofit organizations, foundations and trusts through its subsidiary, Wellesley Investment Partners, LLC. According to our WEBK split history records, WEBK has had 1 split. | |
|
WEBK (WEBK) has 1 split in our WEBK split history database. The split for WEBK took place on October 23, 2001. This was a 5 for 4 split, meaning for each 4 shares of WEBK owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1250 share position following the split.
When a company such as WEBK 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 WEBK split history from start to finish, an original position size of 1000 shares would have turned into 1250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into WEBK shares, starting with a $10,000 purchase of WEBK, presented on a split-history-adjusted basis factoring in the complete WEBK split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
05/01/2015 |
|
| End date: |
05/29/2020 |
|
| Start price/share: |
$18.89 |
|
| End price/share: |
$34.00 |
|
| Starting shares: |
529.38 |
|
| Ending shares: |
547.83 |
|
| Dividends reinvested/share: |
$0.94 |
|
| Total return: |
86.26% |
|
| Average Annual Total Return: |
13.02% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$18,627.11 |
|
| Years: |
5.08 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
05/01/2015 |
|
| End date: |
05/29/2020 |
|
| Start price/share: |
$18.89 |
|
| End price/share: |
$34.00 |
|
| Dividends collected/share: |
$0.94 |
|
| Total return: |
84.97% |
|
| Average Annual Total Return: |
12.86% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$18,493.48 |
|
| Years: |
5.08 |
|
|
|
| Date |
Ratio |
| 10/23/2001 | 5 for 4 |
|
|
Free WEBK Email Alerts:
