 |
 Video: What is a Stock Split?
|
|
|
| Allegion plc is a global security products and solutions provider. Co. secures people and assets with a range of solutions for homes, businesses, schools and institutions. Its Allegion Americas segment is a provider of security products, services and solutions throughout North America. The segment sells a range of products and solutions, including locks, locksets, key systems, door controls and systems, exit devices, doors, accessories, electronic security products, access control systems and software and service solutions to customers in commercial, institutional, and residential facilities. According to our Allegion stock split history records, Allegion has had 2 splits. | |
|
Allegion (ALLE) has 2 splits in our Allegion stock split history database. The first split for ALLE took place on December 30, 1996. This was a 11 for 10
split, meaning for each 10
shares of ALLE owned pre-split, the shareholder now owned 11 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split. ALLE's second split took place on January 22, 1998. This was a 5 for 4
split, meaning for each 4
shares of ALLE owned pre-split, the shareholder now owned 5 shares. For example, a 1100 share position pre-split, became a 1375 share position following the split.
When a company such as Allegion 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 Allegion stock split history from start to finish, an original position size of 1000 shares would have turned into 1375 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Allegion shares, starting with a $10,000 purchase of ALLE, presented on a split-history-adjusted basis factoring in the complete Allegion stock split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
01/21/2015 |
|
| End date: |
01/16/2025 |
|
| Start price/share: |
$52.92 |
|
| End price/share: |
$132.62 |
|
| Starting shares: |
188.96 |
|
| Ending shares: |
209.33 |
|
| Dividends reinvested/share: |
$10.42 |
|
| Total return: |
177.61% |
|
| Average Annual Total Return: |
10.76% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$27,770.66 |
|
| Years: |
9.99 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
01/21/2015 |
|
| End date: |
01/16/2025 |
|
| Start price/share: |
$52.92 |
|
| End price/share: |
$132.62 |
|
| Dividends collected/share: |
$10.42 |
|
| Total return: |
170.29% |
|
| Average Annual Total Return: |
10.46% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$27,027.98 |
|
| Years: |
9.99 |
|
|
|
| Date |
Ratio |
| 12/30/1996 | 11 for 10
| | 01/22/1998 | 5 for 4
|
|
|
