|
Video: What is a Stock Split?
|
|
Dollar Tree is an operator of discount variety stores. Co. operates in two reporting business segments: Dollar Tree and Family Dollar. The Dollar Tree segment is an operator of discount variety stores providing merchandise at the fixed price point of $1.25. The merchandise mix in Co.'s Dollar Tree stores consists of: consumable merchandise, variety merchandise, and seasonal goods. The Family Dollar segment operates a chain of general merchandise retail discount stores providing consumers with a selection of merchandise in convenient neighborhood stores. The merchandise mix in Co.'s Family Dollar stores include: consumable merchandise, home products, and apparel and accessories merchandise. According to our Dollar Tree stock split history records, Dollar Tree has had 6 splits. | |
|
Dollar Tree (DLTR) has 6 splits in our Dollar Tree stock split history database. The first split for DLTR took place on April 22, 1996. This was a 3 for 2
split, meaning for each 2
shares of DLTR 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. DLTR's second split took place on July 22, 1997. This was a 3 for 2
split, meaning for each 2
shares of DLTR owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split. DLTR's third split took place on June 30, 1998. This was a 3 for 2
split, meaning for each 2
shares of DLTR owned pre-split, the shareholder now owned 3 shares. For example, a 2250 share position pre-split, became a 3375 share position following the split. DLTR's 4th split took place on June 20, 2000. This was a 3 for 2
split, meaning for each 2
shares of DLTR owned pre-split, the shareholder now owned 3 shares. For example, a 3375 share position pre-split, became a 5062.5 share position following the split. DLTR's 5th split took place on June 25, 2010. This was a 3 for 2 split, meaning for each 2 shares of DLTR owned pre-split, the shareholder now owned 3 shares. For example, a 5062.5 share position pre-split, became a 7593.75 share position following the split. DLTR's 6th split took place on June 27, 2012. This was a 2 for 1 split, meaning for each share of DLTR owned pre-split, the shareholder now owned 2 shares. For example, a 7593.75 share position pre-split, became a 15187.5 share position following the split.
When a company such as Dollar Tree 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 Dollar Tree stock split history from start to finish, an original position size of 1000 shares would have turned into 15187.5 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Dollar Tree shares, starting with a $10,000 purchase of DLTR, presented on a split-history-adjusted basis factoring in the complete Dollar Tree stock split history.
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
09/18/2014 |
|
End date: |
09/16/2024 |
|
Start price/share: |
$57.11 |
|
End price/share: |
$71.91 |
|
Dividends collected/share: |
$0.00 |
|
Total return: |
25.91% |
|
Average Annual Total Return: |
2.33% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$12,590.91 |
|
Years: |
10.00 |
|
|
|
Date |
Ratio |
04/22/1996 | 3 for 2
| 07/22/1997 | 3 for 2
| 06/30/1998 | 3 for 2
| 06/20/2000 | 3 for 2
| 06/25/2010 | 3 for 2 | 06/27/2012 | 2 for 1 |
|
|