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Video: What is a Stock Split?
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Waterstone Financial is a savings and loan holding company. Through its wholly-owned subsidiary, WaterStone Bank SSB (the Bank), Co. provides financial services to customers in southeastern Wisconsin. The Bank's principal lending activity is originating one- to four-family, multi-family residential, and commercial real estate loans for retention in its portfolio. The Bank also provides home equity loans and lines of credit, construction and land loans, commercial business loans, and consumer loans. Co.'s deposit offerings include certificates of deposit, money market savings accounts, transaction deposit accounts, noninterest bearing demand accounts and individual retirement accounts. According to our WSBF split history records, Waterstone Financial has had 1 split. | |
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Waterstone Financial (WSBF) has 1 split in our WSBF split history database. The split for WSBF took place on January 23, 2014. This was a 10972 for 10000 split, meaning for each 10000 shares of WSBF owned pre-split, the shareholder now owned 10972 shares. For example, a 1000 share position pre-split, became a 1097.2 share position following the split.
When a company such as Waterstone Financial 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 WSBF split history from start to finish, an original position size of 1000 shares would have turned into 1097.2 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Waterstone Financial shares, starting with a $10,000 purchase of WSBF, presented on a split-history-adjusted basis factoring in the complete WSBF split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
03/20/2014 |
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End date: |
03/18/2024 |
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Start price/share: |
$10.54 |
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End price/share: |
$11.16 |
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Starting shares: |
948.77 |
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Ending shares: |
1,532.60 |
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Dividends reinvested/share: |
$8.21 |
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Total return: |
71.04% |
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Average Annual Total Return: |
5.51% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$17,100.16 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
03/20/2014 |
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End date: |
03/18/2024 |
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Start price/share: |
$10.54 |
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End price/share: |
$11.16 |
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Dividends collected/share: |
$8.21 |
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Total return: |
83.78% |
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Average Annual Total Return: |
6.27% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$18,372.96 |
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Years: |
10.00 |
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Date |
Ratio |
01/23/2014 | 10972 for 10000 |
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