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 Video: What is a Stock Split?
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| Altria Group is a holding company. Co.'s subsidiaries include: Philip Morris USA Inc., which is engaged in the manufacture and sale of cigarettes; John Middleton Co., which is engaged in the manufacture and sale of machine-made cigars and pipe tobacco; Sherman Group Holdings, LLC and its subsidiaries, which are engaged in the manufacture and sale of cigarettes and the sale of cigars; and UST LLC, which through its subsidiaries, including U.S. Smokeless Tobacco Company LLC and Ste. Michelle Wine Estates Ltd., is engaged in the manufacture and sale of smokeless tobacco products and wine. The products of Co.'s tobacco subsidiaries include smokeable tobacco products and machine-made cigars. According to our Altria Group stock split history records, Altria Group has had 5 splits. |
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Altria Group (MO) has 5 splits in our Altria Group stock split history database. The first split for MO took place on June 03, 1974. This was a 2 for 1
split, meaning for each share of MO 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. MO's second split took place on June 01, 1979. This was a 2 for 1
split, meaning for each share of MO 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. MO's third split took place on April 11, 1986. This was a 2 for 1
split, meaning for each share of MO owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. MO's 4th split took place on October 11, 1989. This was a 4 for 1
split, meaning for each share of MO owned pre-split, the shareholder now owned 4 shares. For example, a 8000 share position pre-split, became a 32000 share position following the split. MO's 5th split took place on April 11, 1997. This was a 3 for 1
split, meaning for each share of MO owned pre-split, the shareholder now owned 3 shares. For example, a 32000 share position pre-split, became a 96000 share position following the split.
When a company such as Altria Group 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 Altria Group stock split history from start to finish, an original position size of 1000 shares would have turned into 96000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Altria Group shares, starting with a $10,000 purchase of MO, presented on a split-history-adjusted basis factoring in the complete Altria Group stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
07/08/2010 |
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| End date: |
07/07/2020 |
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| Start price/share: |
$21.32 |
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| End price/share: |
$39.94 |
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| Starting shares: |
469.04 |
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| Ending shares: |
788.52 |
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| Dividends reinvested/share: |
$22.90 |
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| Total return: |
214.93% |
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| Average Annual Total Return: |
12.15% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$31,496.74 |
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| Years: |
10.01 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
07/08/2010 |
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| End date: |
07/07/2020 |
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| Start price/share: |
$21.32 |
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| End price/share: |
$39.94 |
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| Dividends collected/share: |
$22.90 |
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| Total return: |
194.75% |
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| Average Annual Total Return: |
11.41% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$29,478.06 |
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| Years: |
10.01 |
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| Date |
Ratio |
| 06/03/1974 | 2 for 1
| | 06/01/1979 | 2 for 1
| | 04/11/1986 | 2 for 1
| | 10/11/1989 | 4 for 1
| | 04/11/1997 | 3 for 1
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