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Video: What is a Stock Split?
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New York Times is a media company. Co. includes its digital and print products and related businesses, including: its core news product, The New York Times (The Times), which is available on its mobile applications, on its website and as a printed newspaper, and associated content such as its podcasts; its other interest-specific products, including Games, Cooking and Audm (its read-aloud audio service), which are available on mobile applications and websites; Wirecutter, its online review and recommendation product, and The Athletic; and its related businesses, such as its licensing operations; its commercial printing operations; its live events business; and other products and services. According to our New York Times stock split history records, New York Times has had 3 splits. | |
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New York Times (NYT) has 3 splits in our New York Times stock split history database. The first split for NYT took place on October 06, 1986. This was a 2 for 1 split, meaning for each share of NYT 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. NYT's second split took place on July 02, 1998. This was a 2 for 1 split, meaning for each share of NYT owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. NYT's third split took place on December 22, 1983. This was a 3 for 1 split, meaning for each share of NYT owned pre-split, the shareholder now owned 3 shares. For example, a 4000 share position pre-split, became a 12000 share position following the split.
When a company such as New York Times 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 New York Times stock split history from start to finish, an original position size of 1000 shares would have turned into 12000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into New York Times shares, starting with a $10,000 purchase of NYT, presented on a split-history-adjusted basis factoring in the complete New York Times stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/24/2014 |
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End date: |
04/22/2024 |
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Start price/share: |
$16.83 |
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End price/share: |
$43.15 |
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Starting shares: |
594.18 |
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Ending shares: |
650.03 |
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Dividends reinvested/share: |
$2.37 |
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Total return: |
180.49% |
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Average Annual Total Return: |
10.86% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$28,046.03 |
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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: |
04/24/2014 |
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End date: |
04/22/2024 |
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Start price/share: |
$16.83 |
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End price/share: |
$43.15 |
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Dividends collected/share: |
$2.37 |
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Total return: |
170.47% |
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Average Annual Total Return: |
10.46% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$27,050.09 |
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Years: |
10.00 |
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Date |
Ratio |
10/06/1986 | 2 for 1 | 07/02/1998 | 2 for 1 | 12/22/1983 | 3 for 1 |
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