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 Video: What is a Stock Split?
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| HDFC Bank is a provider of financial services to its customers in India. Co.'s principal business activities are retail banking, wholesale banking and treasury operations. Co.'s retail banking products include deposit products, loans, credit cards, debit cards, third-party mutual funds and insurance products, bill payment services, and other products and services. Co.'s wholesale banking provides customers a range of financing products, such as documentary credits and bank guarantees and foreign exchange and derivative products. Co.'s treasury operations manage its balance sheet, and include services such as advisory services related to foreign exchange and derivative transactions. According to our HDFC Bank stock split history records, HDFC Bank has had 2 splits. | |
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HDFC Bank (HDB) has 2 splits in our HDFC Bank stock split history database. The first split for HDB took place on July 25, 2011. This was a 5 for 1 split, meaning for each share of HDB owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 5000 share position following the split. HDB's second split took place on September 26, 2019. This was a 2 for 1 split, meaning for each share of HDB owned pre-split, the shareholder now owned 2 shares. For example, a 5000 share position pre-split, became a 10000 share position following the split.
When a company such as HDFC Bank 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 HDFC Bank stock split history from start to finish, an original position size of 1000 shares would have turned into 10000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into HDFC Bank shares, starting with a $10,000 purchase of HDB, presented on a split-history-adjusted basis factoring in the complete HDFC Bank stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/18/2024 |
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| Start price/share: |
$19.93 |
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| End price/share: |
$57.38 |
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| Starting shares: |
501.76 |
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| Ending shares: |
534.74 |
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| Dividends reinvested/share: |
$3.12 |
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| Total return: |
206.83% |
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| Average Annual Total Return: |
11.87% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$30,690.43 |
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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: |
04/22/2014 |
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| End date: |
04/18/2024 |
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| Start price/share: |
$19.93 |
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| End price/share: |
$57.38 |
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| Dividends collected/share: |
$3.12 |
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| Total return: |
203.54% |
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| Average Annual Total Return: |
11.75% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$30,362.89 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 07/25/2011 | 5 for 1 | | 09/26/2019 | 2 for 1 |
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