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Video: What is a Stock Split?
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HarborOne Bancorp is a bank holding company. Through its subsidiary, HarborOne Bank (the Bank), Co. provides a variety of financial services to individuals and businesses through its 30 bank branches located in Boston, Massachusetts and Providence, RI. Co. provides a range of educational services through HarborOne U, with classes on small business, financial literacy and personal enrichment at classroom sites. Co. provides a selection of deposit instruments, including noninterest-bearing demand deposits (such as checking accounts), interest-bearing demand accounts (such as NOW and money market accounts), savings accounts and term certificates of deposit. According to our HarborOne Bancorp stock split history records, HarborOne Bancorp has had 1 split. | |
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HarborOne Bancorp (HONE) has 1 split in our HarborOne Bancorp stock split history database. The split for HONE took place on August 15, 2019. This was a 1795 for 1000 split, meaning for each 1000 shares of HONE owned pre-split, the shareholder now owned 1795 shares. For example, a 1000 share position pre-split, became a 1795 share position following the split.
When a company such as HarborOne 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 HarborOne Bancorp stock split history from start to finish, an original position size of 1000 shares would have turned into 1795 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into HarborOne Bancorp shares, starting with a $10,000 purchase of HONE, presented on a split-history-adjusted basis factoring in the complete HarborOne Bancorp stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
07/01/2016 |
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End date: |
04/26/2024 |
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Start price/share: |
$7.14 |
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End price/share: |
$10.26 |
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Starting shares: |
1,400.56 |
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Ending shares: |
1,518.86 |
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Dividends reinvested/share: |
$0.95 |
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Total return: |
55.83% |
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Average Annual Total Return: |
5.83% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$15,579.57 |
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Years: |
7.82 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
07/01/2016 |
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End date: |
04/26/2024 |
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Start price/share: |
$7.14 |
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End price/share: |
$10.26 |
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Dividends collected/share: |
$0.95 |
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Total return: |
57.00% |
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Average Annual Total Return: |
5.93% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$15,695.13 |
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Years: |
7.82 |
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Date |
Ratio |
08/15/2019 | 1795 for 1000 |
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