 |
 Video: What is a Stock Split?
|
|
|
| Cardinal Health is a healthcare services and products company providing customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices and patients in the home. Co. manages its business in two segments: Pharmaceutical and Medical. Co.'s Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical and over-the-counter healthcare and consumer products in the U.S. Co.'s Medical segment manufactures, sources and distributes Cardinal Health branded medical, surgical and laboratory products, which are sold in the U.S., Canada, Europe, Asia and other markets. According to our Cardinal Health stock split history records, Cardinal Health has had 9 splits. | |
|
Cardinal Health (CAH) has 9 splits in our Cardinal Health stock split history database. The first split for CAH took place on September 09, 1988. This was a 11 for 10 split, meaning for each 10 shares of CAH 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. CAH's second split took place on October 02, 1989. This was a 5 for 4
split, meaning for each 4
shares of CAH 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. CAH's third split took place on October 01, 1990. This was a 5 for 4
split, meaning for each 4
shares of CAH owned pre-split, the shareholder now owned 5 shares. For example, a 1375 share position pre-split, became a 1718.75 share position following the split. CAH's 4th split took place on October 01, 1991. This was a 5 for 4
split, meaning for each 4
shares of CAH owned pre-split, the shareholder now owned 5 shares. For example, a 1718.75 share position pre-split, became a 2148.4375 share position following the split. CAH's 5th split took place on July 01, 1994. This was a 5 for 4
split, meaning for each 4
shares of CAH owned pre-split, the shareholder now owned 5 shares. For example, a 2148.4375 share position pre-split, became a 2685.546875 share position following the split. CAH's 6th split took place on December 17, 1996. This was a 3 for 2
split, meaning for each 2
shares of CAH owned pre-split, the shareholder now owned 3 shares. For example, a 2685.546875 share position pre-split, became a 4028.3203125 share position following the split. CAH's 7th split took place on November 02, 1998. This was a 3 for 2
split, meaning for each 2
shares of CAH owned pre-split, the shareholder now owned 3 shares. For example, a 4028.3203125 share position pre-split, became a 6042.48046875 share position following the split. CAH's 8th split took place on April 23, 2001. This was a 3 for 2 split, meaning for each 2 shares of CAH owned pre-split, the shareholder now owned 3 shares. For example, a 6042.48046875 share position pre-split, became a 9063.720703125 share position following the split. CAH's 9th split took place on September 09, 1987. This was a 11 for 10 split, meaning for each 10 shares of CAH owned pre-split, the shareholder now owned 11 shares. For example, a 9063.720703125 share position pre-split, became a 9970.0927734375 share position following the split.
When a company such as Cardinal Health 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 Cardinal Health stock split history from start to finish, an original position size of 1000 shares would have turned into 9970.0927734375 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Cardinal Health shares, starting with a $10,000 purchase of CAH, presented on a split-history-adjusted basis factoring in the complete Cardinal Health stock split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
09/18/2014 |
|
| End date: |
09/16/2024 |
|
| Start price/share: |
$75.42 |
|
| End price/share: |
$113.28 |
|
| Starting shares: |
132.59 |
|
| Ending shares: |
177.08 |
|
| Dividends reinvested/share: |
$18.45 |
|
| Total return: |
100.59% |
|
| Average Annual Total Return: |
7.21% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$20,064.84 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
09/18/2014 |
|
| End date: |
09/16/2024 |
|
| Start price/share: |
$75.42 |
|
| End price/share: |
$113.28 |
|
| Dividends collected/share: |
$18.45 |
|
| Total return: |
74.66% |
|
| Average Annual Total Return: |
5.73% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$17,460.18 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 09/09/1988 | 11 for 10 | | 10/02/1989 | 5 for 4
| | 10/01/1990 | 5 for 4
| | 10/01/1991 | 5 for 4
| | 07/01/1994 | 5 for 4
| | 12/17/1996 | 3 for 2
| | 11/02/1998 | 3 for 2
| | 04/23/2001 | 3 for 2 | | 09/09/1987 | 11 for 10 |
|
|
Free CAH Email Alerts:
