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Video: What is a Stock Split?
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Danaher Corporation is a global life sciences and diagnostics innovator. Co. operates through three business segments: Biotechnology, Life Sciences and Diagnostics. The Biotechnology segment includes the bioprocessing and discovery and medical businesses and offers a broad range of equipment, consumables and services that are primarily used by customers to advance and accelerate the research, development, manufacture and delivery of biological medicines. According to our Danaher stock split history records, Danaher has had 6 splits. | |
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Danaher (DHR) has 6 splits in our Danaher stock split history database. The first split for DHR took place on January 23, 1995. This was a 2 for 1
split, meaning for each share of DHR 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. DHR's second split took place on June 01, 1998. This was a 2 for 1
split, meaning for each share of DHR 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. DHR's third split took place on May 21, 2004. This was a 2 for 1 split, meaning for each share of DHR 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. DHR's 4th split took place on June 14, 2010. This was a 2 for 1 split, meaning for each share of DHR owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split. DHR's 5th split took place on July 05, 2016. This was a 1319 for 1000 split, meaning for each 1000 shares of DHR owned pre-split, the shareholder now owned 1319 shares. For example, a 16000 share position pre-split, became a 21104 share position following the split. DHR's 6th split took place on October 02, 2023. This was a 1128 for 1000 split, meaning for each 1000 shares of DHR owned pre-split, the shareholder now owned 1128 shares. For example, a 21104 share position pre-split, became a 23805.312 share position following the split.
When a company such as Danaher 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 Danaher stock split history from start to finish, an original position size of 1000 shares would have turned into 23805.312 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Danaher shares, starting with a $10,000 purchase of DHR, presented on a split-history-adjusted basis factoring in the complete Danaher stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
12/12/2014 |
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End date: |
12/10/2024 |
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Start price/share: |
$56.29 |
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End price/share: |
$234.34 |
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Starting shares: |
177.65 |
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Ending shares: |
186.75 |
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Dividends reinvested/share: |
$6.60 |
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Total return: |
337.62% |
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Average Annual Total Return: |
15.90% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$43,753.21 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/12/2014 |
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End date: |
12/10/2024 |
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Start price/share: |
$56.29 |
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End price/share: |
$234.34 |
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Dividends collected/share: |
$6.60 |
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Total return: |
328.04% |
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Average Annual Total Return: |
15.65% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$42,818.30 |
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Years: |
10.00 |
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Date |
Ratio |
01/23/1995 | 2 for 1
| 06/01/1998 | 2 for 1
| 05/21/2004 | 2 for 1 | 06/14/2010 | 2 for 1 | 07/05/2016 | 1319 for 1000 | 10/02/2023 | 1128 for 1000 |
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