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 Video: What is a Stock Split?
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| Sturm, Ruger & Company is principally engaged in the design, manufacture, and sale of firearms to domestic customers. Co. has two reportable operating segments: firearms and castings. The firearms segment manufactures and sells rifles, pistols, and revolvers. Co.'s firearms are available in several models based upon caliber, finish, barrel length, and other features. The castings segment manufactures and sells investment castings made from steel alloys and metal injection molding (MIM) parts for internal use in the firearms segment. The castings and MIM parts are sold to outside customers, either directly or through manufacturers' representatives. According to our Sturm Ruger stock split history records, Sturm Ruger has had 2 splits. | |
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Sturm Ruger (RGR) has 2 splits in our Sturm Ruger stock split history database. The first split for RGR took place on May 14, 1993. This was a 2 for 1
split, meaning for each share of RGR 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. RGR's second split took place on September 17, 1996. This was a 2 for 1
split, meaning for each share of RGR 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.
When a company such as Sturm Ruger 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 Sturm Ruger stock split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Sturm Ruger shares, starting with a $10,000 purchase of RGR, presented on a split-history-adjusted basis factoring in the complete Sturm Ruger 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: |
04/17/2024 |
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| Start price/share: |
$63.03 |
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| End price/share: |
$45.62 |
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| Starting shares: |
158.65 |
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| Ending shares: |
238.90 |
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| Dividends reinvested/share: |
$25.98 |
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| Total return: |
8.98% |
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| Average Annual Total Return: |
0.86% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$10,893.55 |
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| Years: |
9.99 |
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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: |
04/17/2024 |
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| Start price/share: |
$63.03 |
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| End price/share: |
$45.62 |
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| Dividends collected/share: |
$25.98 |
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| Total return: |
13.60% |
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| Average Annual Total Return: |
1.28% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,355.51 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 05/14/1993 | 2 for 1
| | 09/17/1996 | 2 for 1
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