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 Video: What is a Stock Split?
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| Eaton is a power management company. Co.'s segments are: Electrical Americas and Electrical Global, which consists of, among others, electrical components, industrial components, power distribution and assemblies, residential products, single phase power quality and connectivity, three phase power quality, wiring devices, and services, as well as hazardous duty electrical equipment; Aerospace, which supplies aerospace fuel, hydraulics, and pneumatic systems; Vehicle, which designs, manufactures, markets, and supplies drivetrain, powertrain systems and components; and eMobility, which designs, manufactures, markets, and supplies mechanical, electrical, and electronic components and systems. According to our Eaton stock split history records, Eaton has had 6 splits. | |
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Eaton (ETN) has 6 splits in our Eaton stock split history database. The first split for ETN took place on September 20, 1988. This was a 3 for 2
split, meaning for each 2
shares of ETN 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. ETN's second split took place on June 29, 1993. This was a 2 for 1
split, meaning for each share of ETN 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. ETN's third split took place on February 24, 2004. This was a 2 for 1 split, meaning for each share of ETN 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. ETN's 4th split took place on March 01, 2011. This was a 2 for 1 split, meaning for each share of ETN 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. ETN's 5th split took place on October 03, 1979. This was a 3 for 2 split, meaning for each 2 shares of ETN owned pre-split, the shareholder now owned 3 shares. For example, a 12000 share position pre-split, became a 18000 share position following the split. ETN's 6th split took place on January 02, 2001. This was a 10000 for 8677 split, meaning for each 8677 shares of ETN owned pre-split, the shareholder now owned 10000 shares. For example, a 18000 share position pre-split, became a 20744.4969459491 share position following the split.
When a company such as Eaton 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 Eaton stock split history from start to finish, an original position size of 1000 shares would have turned into 20744.4969459491 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Eaton shares, starting with a $10,000 purchase of ETN, presented on a split-history-adjusted basis factoring in the complete Eaton stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/08/2014 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$62.81 |
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| End price/share: |
$333.05 |
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| Starting shares: |
159.21 |
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| Ending shares: |
205.29 |
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| Dividends reinvested/share: |
$26.26 |
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| Total return: |
583.71% |
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| Average Annual Total Return: |
21.20% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$68,359.27 |
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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: |
10/08/2014 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$62.81 |
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| End price/share: |
$333.05 |
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| Dividends collected/share: |
$26.26 |
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| Total return: |
472.06% |
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| Average Annual Total Return: |
19.06% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$57,207.27 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 09/20/1988 | 3 for 2
| | 06/29/1993 | 2 for 1
| | 02/24/2004 | 2 for 1 | | 03/01/2011 | 2 for 1 | | 10/03/1979 | 3 for 2 | | 01/02/2001 | 10000 for 8677 |
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