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Video: What is a Stock Split?
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Fidelity D & D Bancorp is a bank holding company. Through its subsidiary, The Fidelity Deposit and Discount Bank (the Bank), Co. provides a range of banking, trust and financial services. The Bank has a personal and corporate trust department and also provides alternative financial and insurance products with asset management services. Co. provides a variety of deposit products, which consist of transaction accounts including: savings; clubs; interest-bearing checking; money market and non-interest bearing checking. Co.'s loan includes: commercial and industrial loans; commercial real estate loans; consumer loans; and residential mortgage loans. According to our Fidelity D&D Bancorp stock split history records, Fidelity D&D Bancorp has had 3 splits. | |
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Fidelity D&D Bancorp (FDBC) has 3 splits in our Fidelity D&D Bancorp stock split history database. The first split for FDBC took place on July 13, 2000. This was a 2 for 1
split, meaning for each share of FDBC 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. FDBC's second split took place on January 26, 2006. This was a 11 for 10 split, meaning for each 10 shares of FDBC owned pre-split, the shareholder now owned 11 shares. For example, a 2000 share position pre-split, became a 2200 share position following the split. FDBC's third split took place on September 29, 2017. This was a 3 for 2 split, meaning for each 2 shares of FDBC owned pre-split, the shareholder now owned 3 shares. For example, a 2200 share position pre-split, became a 3300 share position following the split.
When a company such as Fidelity D&D Bancorp 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 Fidelity D&D Bancorp stock split history from start to finish, an original position size of 1000 shares would have turned into 3300 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Fidelity D&D Bancorp shares, starting with a $10,000 purchase of FDBC, presented on a split-history-adjusted basis factoring in the complete Fidelity D&D Bancorp stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
05/06/2014 |
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End date: |
05/03/2024 |
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Start price/share: |
$17.83 |
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End price/share: |
$47.01 |
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Starting shares: |
560.85 |
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Ending shares: |
741.69 |
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Dividends reinvested/share: |
$10.65 |
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Total return: |
248.67% |
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Average Annual Total Return: |
13.30% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$34,857.73 |
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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: |
05/06/2014 |
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End date: |
05/03/2024 |
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Start price/share: |
$17.83 |
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End price/share: |
$47.01 |
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Dividends collected/share: |
$10.65 |
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Total return: |
223.37% |
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Average Annual Total Return: |
12.45% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$32,329.17 |
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Years: |
10.00 |
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Date |
Ratio |
07/13/2000 | 2 for 1
| 01/26/2006 | 11 for 10 | 09/29/2017 | 3 for 2 |
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