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 Video: What is a Stock Split?
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| DaVita is a healthcare provider focused on transforming care delivery to improve quality of life for patients. Co.'s United States dialysis business provides kidney dialysis services for patients suffering from end stage renal disease (ESRD). Co.'s dialysis services include outpatient hemodialysis services, hospital inpatient hemodialysis services, home-based dialysis services, ESRD laboratory services, and management services. Co.'s ancillary services and strategic initiatives businesses include disease management services, physician services, ESRD Seamless Care Organization joint ventures, clinical research programs, vascular access services, as well as international dialysis operations. According to our DaVita stock split history records, DaVita has had 2 splits. |
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DaVita (DVA) has 2 splits in our DaVita stock split history database. The first split for DVA took place on June 16, 2004. This was a 3 for 2 split, meaning for each 2 shares of DVA owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. DVA's second split took place on September 09, 2013. This was a 2 for 1 split, meaning for each share of DVA owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split.
When a company such as DaVita 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 DaVita stock split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into DaVita shares, starting with a $10,000 purchase of DVA, presented on a split-history-adjusted basis factoring in the complete DaVita stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
07/12/2010 |
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| End date: |
07/10/2020 |
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| Start price/share: |
$30.25 |
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| End price/share: |
$81.19 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
168.40% |
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| Average Annual Total Return: |
10.37% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$26,830.44 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 06/16/2004 | 3 for 2 | | 09/09/2013 | 2 for 1 |
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