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Video: What is a Stock Split?
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ProShares S&P 500 Dividend Aristocrats ETF (the Fund) is an open-end management investment company. The fund seeks investment results, before fees and expenses, that track the performance of the S&P 500 Dividend Aristocrats Index. The fund focuses exclusively on high-quality companies that have not just paid dividends but grown them for at least 25 consecutive years, with most doing so for 40 years or more. Often household names, NOBL's holdings generally have had stable earnings, solid fundamentals, and strong histories of profit and growth. According to our ProShares Standard and Poors 500 Dividend Aristocrats Etf stock split history records, ProShares Standard and Poors 500 Dividend Aristocrats Etf has had 1 split. | |
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ProShares Standard and Poors 500 Dividend Aristocrats Etf (NOBL) has 1 split in our ProShares Standard and Poors 500 Dividend Aristocrats Etf stock split history database. The split for NOBL took place on February 06, 2006. This was a 3 for 2 split, meaning for each 2 shares of NOBL owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as ProShares Standard and Poors 500 Dividend Aristocrats Etf 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 ProShares Standard and Poors 500 Dividend Aristocrats Etf stock split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ProShares Standard and Poors 500 Dividend Aristocrats Etf shares, starting with a $10,000 purchase of NOBL, presented on a split-history-adjusted basis factoring in the complete ProShares Standard and Poors 500 Dividend Aristocrats Etf 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: |
$44.69 |
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End price/share: |
$96.36 |
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Starting shares: |
223.76 |
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Ending shares: |
272.45 |
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Dividends reinvested/share: |
$13.56 |
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Total return: |
162.53% |
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Average Annual Total Return: |
10.14% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$26,262.48 |
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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: |
$44.69 |
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End price/share: |
$96.36 |
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Dividends collected/share: |
$13.56 |
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Total return: |
145.96% |
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Average Annual Total Return: |
9.42% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$24,595.75 |
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Years: |
10.00 |
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Date |
Ratio |
02/06/2006 | 3 for 2 |
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