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 Video: What is a Stock Split?
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| Cincinnati Financial Corporation is engaged in property casualty insurance marketed through independent insurance agencies in 46 states. Its segments include Commercial lines insurance; Personal lines insurance; Excess and Surplus Lines Insurance; Life insurance, and Investments. The Commercial Lines Insurance segment includes five commercial business lines, such as commercial casualty, commercial property, commercial auto, workers' compensation, and other commercial lines. The Personal Lines Insurance segment includes three business lines, including personal auto, homeowner, and other personal lines. According to our Cincinnati Financial stock split history records, Cincinnati Financial has had 6 splits. | |
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Cincinnati Financial (CINF) has 6 splits in our Cincinnati Financial stock split history database. The first split for CINF took place on May 18, 1992. This was a 3 for 1
split, meaning for each share of CINF owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split. CINF's second split took place on May 18, 1998. This was a 3 for 1
split, meaning for each share of CINF owned pre-split, the shareholder now owned 3 shares. For example, a 3000 share position pre-split, became a 9000 share position following the split. CINF's third split took place on April 28, 2004. This was a 105 for 100 split, meaning for each 100 shares of CINF owned pre-split, the shareholder now owned 105 shares. For example, a 9000 share position pre-split, became a 9450 share position following the split. CINF's 4th split took place on April 04, 2005. This was a 105 for 100 split, meaning for each 100 shares of CINF owned pre-split, the shareholder now owned 105 shares. For example, a 9450 share position pre-split, became a 9922.5 share position following the split. CINF's 5th split took place on March 13, 1995. This was a 105 for 100 split, meaning for each 100 shares of CINF owned pre-split, the shareholder now owned 105 shares. For example, a 9922.5 share position pre-split, became a 10418.625 share position following the split. CINF's 6th split took place on March 13, 1996. This was a 105 for 100 split, meaning for each 100 shares of CINF owned pre-split, the shareholder now owned 105 shares. For example, a 10418.625 share position pre-split, became a 10939.55625 share position following the split.
When a company such as Cincinnati Financial 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 Cincinnati Financial stock split history from start to finish, an original position size of 1000 shares would have turned into 10939.55625 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Cincinnati Financial shares, starting with a $10,000 purchase of CINF, presented on a split-history-adjusted basis factoring in the complete Cincinnati Financial stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
01/16/2025 |
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| Start price/share: |
$51.25 |
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| End price/share: |
$142.91 |
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| Starting shares: |
195.12 |
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| Ending shares: |
259.46 |
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| Dividends reinvested/share: |
$25.00 |
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| Total return: |
270.80% |
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| Average Annual Total Return: |
14.01% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$37,078.10 |
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| Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
01/16/2025 |
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| Start price/share: |
$51.25 |
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| End price/share: |
$142.91 |
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| Dividends collected/share: |
$25.00 |
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| Total return: |
227.63% |
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| Average Annual Total Return: |
12.61% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$32,770.79 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 05/18/1992 | 3 for 1
| | 05/18/1998 | 3 for 1
| | 04/28/2004 | 105 for 100 | | 04/04/2005 | 105 for 100 | | 03/13/1995 | 105 for 100 | | 03/13/1996 | 105 for 100 |
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