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Video: What is a Stock Split?
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YUM! Brands, Inc. and its subsidiaries franchise or operate a system of approximately 58,000 restaurants in 155 countries and territories under the concepts of KFC, Taco Bell, Pizza Hut and The Habit Burger Grill. It consists of four operating segments: The KFC Division, which includes its worldwide operations of the KFC concept; The Taco Bell Division, which includes its worldwide operations of the Taco Bell concept; The Pizza Hut Division, which includes its worldwide operations of the Pizza Hut concept and The Habit Burger Grill Division, which includes its worldwide operations of the Habit Burger Grill concept. According to our YUM split history records, Yum Brands has had 3 splits. | |
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Yum Brands (YUM) has 3 splits in our YUM split history database. The first split for YUM took place on June 18, 2002. This was a 2 for 1 split, meaning for each share of YUM 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. YUM's second split took place on June 27, 2007. This was a 2 for 1 split, meaning for each share of YUM 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. YUM's third split took place on November 01, 2016. This was a 1391 for 1000 split, meaning for each 1000 shares of YUM owned pre-split, the shareholder now owned 1391 shares. For example, a 4000 share position pre-split, became a 5564 share position following the split.
When a company such as Yum Brands 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 YUM split history from start to finish, an original position size of 1000 shares would have turned into 5564 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Yum Brands shares, starting with a $10,000 purchase of YUM, presented on a split-history-adjusted basis factoring in the complete YUM split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
12/16/2014 |
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End date: |
12/13/2024 |
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Start price/share: |
$49.62 |
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End price/share: |
$137.00 |
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Starting shares: |
201.53 |
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Ending shares: |
243.56 |
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Dividends reinvested/share: |
$18.15 |
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Total return: |
233.67% |
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Average Annual Total Return: |
12.81% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$33,379.21 |
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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: |
12/16/2014 |
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End date: |
12/13/2024 |
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Start price/share: |
$49.62 |
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End price/share: |
$137.00 |
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Dividends collected/share: |
$18.15 |
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Total return: |
212.68% |
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Average Annual Total Return: |
12.08% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$31,281.04 |
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Years: |
10.00 |
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Date |
Ratio |
06/18/2002 | 2 for 1 | 06/27/2007 | 2 for 1 | 11/01/2016 | 1391 for 1000 |
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