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Video: What is a Stock Split?
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BK Technologies is a holding company. Through its subsidiary, BK Technologies, Inc., Co. is engaged in the designing, manufacturing and marketing of wireless communications equipment primarily consisting of two-way land mobile radios (LMRs) and related products. Co. consists of two business units: Radio and Software-as-a-Service (SaaS). The Radio business unit designs, manufactures and markets American-made wireless communications products consisting of two-way LMRs. Two-way LMRs can be radios that are hand-held (portable) or installed in vehicles (mobile). The SaaS business unit focuses on delivering public safety smartphone applications which operate over the public cellular networks. According to our BK Technologies stock split history records, BK Technologies has had 1 split. | |
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BK Technologies (BKTI) has 1 split in our BK Technologies stock split history database. The split for BKTI took place on April 24, 2023. This was a 1 for 5 reverse split, meaning for each 5 shares of BKTI owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 200 share position following the split.
When a company such as BK Technologies conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the BK Technologies stock split history from start to finish, an original position size of 1000 shares would have turned into 200 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BK Technologies shares, starting with a $10,000 purchase of BKTI, presented on a split-history-adjusted basis factoring in the complete BK Technologies stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$15.75 |
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End price/share: |
$14.52 |
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Starting shares: |
634.92 |
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Ending shares: |
795.12 |
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Dividends reinvested/share: |
$4.20 |
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Total return: |
15.45% |
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Average Annual Total Return: |
1.45% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$11,547.91 |
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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: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$15.75 |
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End price/share: |
$14.52 |
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Dividends collected/share: |
$4.20 |
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Total return: |
18.86% |
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Average Annual Total Return: |
1.74% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$11,882.20 |
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Years: |
10.00 |
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Date |
Ratio |
04/24/2023 | 1 for 5 |
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