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 Video: What is a Stock Split?
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| Dover is a global manufacturer and solutions provider. Co.'s operating segments include: Engineered Products, which provides a range of equipment, components, software, solutions and services that have a range of customer applications across a number of markets; Clean Energy and Fueling, which provides components, equipment and software, and service solutions enabling safe storage, transport, handling and dispensing of fuels, cryogenic gases and other hazardous fluids; and Imaging and Identification, which supplies marking and coding, product traceability, brand protection and digital textile printing equipment, as well as related consumables, software and services. According to our Dover stock split history records, Dover has had 5 splits. | |
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Dover (DOV) has 5 splits in our Dover stock split history database. The first split for DOV took place on September 26, 1988. This was a 2 for 1
split, meaning for each share of DOV 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. DOV's second split took place on September 18, 1995. This was a 2 for 1
split, meaning for each share of DOV 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. DOV's third split took place on December 16, 1997. This was a 2 for 1
split, meaning for each share of DOV 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. DOV's 4th split took place on March 03, 2014. This was a 1205 for 1000 split, meaning for each 1000 shares of DOV owned pre-split, the shareholder now owned 1205 shares. For example, a 8000 share position pre-split, became a 9640 share position following the split. DOV's 5th split took place on May 09, 2018. This was a 1238 for 1000 split, meaning for each 1000 shares of DOV owned pre-split, the shareholder now owned 1238 shares. For example, a 9640 share position pre-split, became a 11934.32 share position following the split.
When a company such as Dover 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 Dover stock split history from start to finish, an original position size of 1000 shares would have turned into 11934.32 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Dover shares, starting with a $10,000 purchase of DOV, presented on a split-history-adjusted basis factoring in the complete Dover stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
06/11/2013 |
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| End date: |
06/09/2023 |
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| Start price/share: |
$52.46 |
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| End price/share: |
$141.14 |
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| Starting shares: |
190.62 |
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| Ending shares: |
230.99 |
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| Dividends reinvested/share: |
$16.67 |
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| Total return: |
226.02% |
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| Average Annual Total Return: |
12.54% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$32,588.86 |
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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: |
06/11/2013 |
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| End date: |
06/09/2023 |
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| Start price/share: |
$52.46 |
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| End price/share: |
$141.14 |
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| Dividends collected/share: |
$16.67 |
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| Total return: |
200.82% |
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| Average Annual Total Return: |
11.64% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$30,074.49 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 09/26/1988 | 2 for 1
| | 09/18/1995 | 2 for 1
| | 12/16/1997 | 2 for 1
| | 03/03/2014 | 1205 for 1000 | | 05/09/2018 | 1238 for 1000 |
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