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 Video: What is a Stock Split?
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| Deere & Co. is engaged in the delivery of agricultural, construction and forestry equipment. Co. defines, develops and delivers global equipment and technology solutions. Its segments include production and precision agriculture (PPA), small agriculture and turf (SAT), construction and forestry (CF), and financial services (FS). PPA segment provides solutions for production-scale growers of large grains, small grains, cotton and sugarcane. SAT segment provides solutions for dairy and livestock producers, high-value crop producers, and turf and utility customers. According to our Deere stock split history records, Deere has had 4 splits. | |
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Deere (DE) has 4 splits in our Deere stock split history database. The first split for DE took place on November 29, 1995. This was a 3 for 1
split, meaning for each share of DE 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. DE's second split took place on December 04, 2007. This was a 2 for 1 split, meaning for each share of DE owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split. DE's third split took place on September 22, 1972. This was a 2 for 1 split, meaning for each share of DE owned pre-split, the shareholder now owned 2 shares. For example, a 6000 share position pre-split, became a 12000 share position following the split. DE's 4th split took place on September 22, 1976. This was a 2 for 1 split, meaning for each share of DE owned pre-split, the shareholder now owned 2 shares. For example, a 12000 share position pre-split, became a 24000 share position following the split.
When a company such as Deere 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 Deere stock split history from start to finish, an original position size of 1000 shares would have turned into 24000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Deere shares, starting with a $10,000 purchase of DE, presented on a split-history-adjusted basis factoring in the complete Deere 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: |
$86.41 |
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| End price/share: |
$443.96 |
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| Starting shares: |
115.73 |
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| Ending shares: |
139.04 |
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| Dividends reinvested/share: |
$34.76 |
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| Total return: |
517.29% |
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| Average Annual Total Return: |
19.96% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$61,742.06 |
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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: |
$86.41 |
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| End price/share: |
$443.96 |
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| Dividends collected/share: |
$34.76 |
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| Total return: |
454.01% |
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| Average Annual Total Return: |
18.67% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$55,413.18 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 11/29/1995 | 3 for 1
| | 12/04/2007 | 2 for 1 | | 09/22/1972 | 2 for 1 | | 09/22/1976 | 2 for 1 |
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