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 Video: What is a Stock Split?
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| The Home Depot is a home improvement retailer. Co. provides its customers an assortment of building materials, home improvement products, lawn and garden products, and decor products and provides a number of services, including home improvement installation services and tool and equipment rental. Co. also maintains a network of distribution and fulfillment centers, as well as a number of e-commerce websites. Co. provides a number of services for its customers, including installation services for its Do-It-Yourself and Do-It-For-Me customers. Co. also provides tool and equipment rentals at several locations across the U.S. and Canada. According to our Home Depot stock split history records, Home Depot has had 13 splits. | |
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Home Depot (HD) has 13 splits in our Home Depot stock split history database. The first split for HD took place on January 20, 1982. This was a 3 for 2 split, meaning for each 2 shares of HD 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. HD's second split took place on May 11, 1982. This was a 5 for 4 split, meaning for each 4 shares of HD owned pre-split, the shareholder now owned 5 shares. For example, a 1500 share position pre-split, became a 1875 share position following the split. HD's third split took place on December 08, 1982. This was a 2 for 1 split, meaning for each share of HD owned pre-split, the shareholder now owned 2 shares. For example, a 1875 share position pre-split, became a 3750 share position following the split. HD's 4th split took place on June 09, 1983. This was a 2 for 1 split, meaning for each share of HD owned pre-split, the shareholder now owned 2 shares. For example, a 3750 share position pre-split, became a 7500 share position following the split. HD's 5th split took place on September 22, 1987. This was a 3 for 2
split, meaning for each 2
shares of HD owned pre-split, the shareholder now owned 3 shares. For example, a 7500 share position pre-split, became a 11250 share position following the split. HD's 6th split took place on July 03, 1989. This was a 3 for 2
split, meaning for each 2
shares of HD owned pre-split, the shareholder now owned 3 shares. For example, a 11250 share position pre-split, became a 16875 share position following the split. HD's 7th split took place on July 06, 1990. This was a 3 for 2
split, meaning for each 2
shares of HD owned pre-split, the shareholder now owned 3 shares. For example, a 16875 share position pre-split, became a 25312.5 share position following the split. HD's 8th split took place on June 26, 1991. This was a 3 for 2
split, meaning for each 2
shares of HD owned pre-split, the shareholder now owned 3 shares. For example, a 25312.5 share position pre-split, became a 37968.75 share position following the split. HD's 9th split took place on July 02, 1992. This was a 3 for 2
split, meaning for each 2
shares of HD owned pre-split, the shareholder now owned 3 shares. For example, a 37968.75 share position pre-split, became a 56953.125 share position following the split. HD's 10th split took place on April 14, 1993. This was a 4 for 3
split, meaning for each 3
shares of HD owned pre-split, the shareholder now owned 4 shares. For example, a 56953.125 share position pre-split, became a 75937.5 share position following the split. HD's 11th split took place on July 07, 1997. This was a 3 for 2
split, meaning for each 2
shares of HD owned pre-split, the shareholder now owned 3 shares. For example, a 75937.5 share position pre-split, became a 113906.25 share position following the split. HD's 12th split took place on July 06, 1998. This was a 2 for 1
split, meaning for each share of HD owned pre-split, the shareholder now owned 2 shares. For example, a 113906.25 share position pre-split, became a 227812.5 share position following the split. HD's 13th split took place on December 31, 1999. This was a 3 for 2
split, meaning for each 2
shares of HD owned pre-split, the shareholder now owned 3 shares. For example, a 227812.5 share position pre-split, became a 341718.75 share position following the split.
When a company such as Home Depot 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 Home Depot stock split history from start to finish, an original position size of 1000 shares would have turned into 341718.75 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Home Depot shares, starting with a $10,000 purchase of HD, presented on a split-history-adjusted basis factoring in the complete Home Depot stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/18/2014 |
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| End date: |
09/16/2024 |
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| Start price/share: |
$92.09 |
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| End price/share: |
$382.01 |
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| Starting shares: |
108.59 |
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| Ending shares: |
137.09 |
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| Dividends reinvested/share: |
$54.02 |
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| Total return: |
423.69% |
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| Average Annual Total Return: |
18.00% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$52,362.09 |
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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: |
09/18/2014 |
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| End date: |
09/16/2024 |
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| Start price/share: |
$92.09 |
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| End price/share: |
$382.01 |
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| Dividends collected/share: |
$54.02 |
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| Total return: |
373.48% |
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| Average Annual Total Return: |
16.82% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$47,354.04 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 01/20/1982 | 3 for 2 | | 05/11/1982 | 5 for 4 | | 12/08/1982 | 2 for 1 | | 06/09/1983 | 2 for 1 | | 09/22/1987 | 3 for 2
| | 07/03/1989 | 3 for 2
| | 07/06/1990 | 3 for 2
| | 06/26/1991 | 3 for 2
| | 07/02/1992 | 3 for 2
| | 04/14/1993 | 4 for 3
| | 07/07/1997 | 3 for 2
| | 07/06/1998 | 2 for 1
| | 12/31/1999 | 3 for 2
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