 |
 Video: What is a Stock Split?
|
|
|
| CenterPoint Energy, Inc. is an energy delivery company operating electric and natural gas facilities in several states, including Indiana, Louisiana, Minnesota, Mississippi, Ohio, and Texas. The Electric segment includes Houston Electric and Indiana Electric businesses, while the Natural Gas segment handles intrastate sales, transportation, and distribution for various customers in the same states. They also offer permanent pipeline connections and home appliance maintenance and repair services in Minnesota, and home repair protection plans in Indiana, Mississippi, Ohio, and Texas through a third party. According to our CenterPoint Energy stock split history records, CenterPoint Energy has had 1 split. | |
|
CenterPoint Energy (CNP) has 1 split in our CenterPoint Energy stock split history database. The split for CNP took place on October 01, 2002. This was a 1000 for 843 split, meaning for each 843 shares of CNP owned pre-split, the shareholder now owned 1000 shares. For example, a 1000 share position pre-split, became a 1186.23962040332 share position following the split.
When a company such as CenterPoint Energy 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 CenterPoint Energy stock split history from start to finish, an original position size of 1000 shares would have turned into 1186.23962040332 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CenterPoint Energy shares, starting with a $10,000 purchase of CNP, presented on a split-history-adjusted basis factoring in the complete CenterPoint Energy stock split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
03/25/2015 |
|
| End date: |
03/21/2025 |
|
| Start price/share: |
$20.58 |
|
| End price/share: |
$35.77 |
|
| Starting shares: |
485.91 |
|
| Ending shares: |
692.26 |
|
| Dividends reinvested/share: |
$9.00 |
|
| Total return: |
147.62% |
|
| Average Annual Total Return: |
9.49% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$24,753.50 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
03/25/2015 |
|
| End date: |
03/21/2025 |
|
| Start price/share: |
$20.58 |
|
| End price/share: |
$35.77 |
|
| Dividends collected/share: |
$9.00 |
|
| Total return: |
117.55% |
|
| Average Annual Total Return: |
8.08% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$21,745.07 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 10/01/2002 | 1000 for 843 |
|
|
Free CNP Email Alerts:
