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 Video: What is a Stock Split?
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| Watts Water Technologies supplies products, solutions and systems that manage and conserve the flow of fluids and energy into, through and out of buildings in the commercial and residential markets. Co.'s product lines include: residential and commercial flow control products, which include backflow preventers and water pressure regulators; heating, ventilation and air conditioning and gas products, which include boilers, water heaters and custom heat and hot water solutions; drainage and water re-use products, which include drainage products and engineered rain water harvesting solutions; and water quality products, which include water filtration, conditioning and scale prevention systems. According to our WTS split history records, Watts Water Technologies has had 2 splits. | |
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Watts Water Technologies (WTS) has 2 splits in our WTS split history database. The first split for WTS took place on March 16, 1994. This was a 2 for 1
split, meaning for each share of WTS 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. WTS's second split took place on October 19, 1999. This was a 10000 for 7204 split, meaning for each 7204 shares of WTS owned pre-split, the shareholder now owned 10000 shares. For example, a 2000 share position pre-split, became a 2776.23542476402 share position following the split.
When a company such as Watts Water Technologies 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 WTS split history from start to finish, an original position size of 1000 shares would have turned into 2776.23542476402 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Watts Water Technologies shares, starting with a $10,000 purchase of WTS, presented on a split-history-adjusted basis factoring in the complete WTS split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
06/06/2013 |
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| End date: |
06/02/2023 |
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| Start price/share: |
$47.00 |
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| End price/share: |
$168.20 |
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| Starting shares: |
212.77 |
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| Ending shares: |
234.94 |
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| Dividends reinvested/share: |
$8.43 |
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| Total return: |
295.18% |
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| Average Annual Total Return: |
14.74% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$39,520.39 |
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| Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
06/06/2013 |
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| End date: |
06/02/2023 |
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| Start price/share: |
$47.00 |
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| End price/share: |
$168.20 |
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| Dividends collected/share: |
$8.43 |
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| Total return: |
275.81% |
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| Average Annual Total Return: |
14.16% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$37,568.55 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 03/16/1994 | 2 for 1
| | 10/19/1999 | 10000 for 7204 |
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