 |
 Video: What is a Stock Split?
|
|
|
| Constellation Brands is an international beverage alcohol company. Co. produces and markets beer, wine and spirits with operations in the U.S., Mexico, New Zealand, Italy and Canada. Co. has two business divisions: Beer, in which its portfolio consists of imported and craft beer brands, and it has a perpetual brand license to import, market and sell in the U.S. its Mexican beer portfolio; and Wine and Spirits, which sells a number of wine brands across various categories, such as table wine, sparkling wine and dessert wine, and across various price points, such as popular, premium and luxury categories, complemented by certain spirits brands. According to our Constellation Brands stock split history records, Constellation Brands has had 3 splits. | |
|
Constellation Brands (STZ) has 3 splits in our Constellation Brands stock split history database. The first split for STZ took place on May 15, 2001. This was a 2 for 1 split, meaning for each share of STZ 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. STZ's second split took place on May 14, 2002. This was a 2 for 1 split, meaning for each share of STZ 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. STZ's third split took place on May 16, 2005. This was a 2 for 1 split, meaning for each share of STZ 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.
When a company such as Constellation Brands 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 Constellation Brands stock split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Constellation Brands shares, starting with a $10,000 purchase of STZ, presented on a split-history-adjusted basis factoring in the complete Constellation Brands stock split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
01/20/2009 |
|
| End date: |
01/16/2019 |
|
| Start price/share: |
$14.60 |
|
| End price/share: |
$159.88 |
|
| Starting shares: |
684.93 |
|
| Ending shares: |
713.43 |
|
| Dividends reinvested/share: |
$7.14 |
|
| Total return: |
1,040.63% |
|
| Average Annual Total Return: |
27.58% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$114,089.68 |
|
| Years: |
9.99 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
01/20/2009 |
|
| End date: |
01/16/2019 |
|
| Start price/share: |
$14.60 |
|
| End price/share: |
$159.88 |
|
| Dividends collected/share: |
$7.14 |
|
| Total return: |
1,043.97% |
|
| Average Annual Total Return: |
27.61% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$114,358.09 |
|
| Years: |
9.99 |
|
|
|
| Date |
Ratio |
| 05/15/2001 | 2 for 1 | | 05/14/2002 | 2 for 1 | | 05/16/2005 | 2 for 1 |
|
|
