|
Video: What is a Stock Split?
|
|
Eli Lilly and Co. is a medicine company. Co. discovers, develops, manufactures and markets products in the human pharmaceutical products segment. Its diabetes, obesity and other cardiometabolic products include Basaglar, Humalog, Mounjaro, Trulicity and Zepbound. Its oncology products include Alimta, Retevmo, Tyvyt and Verzenio. Its immunology products include Ebglyss, Olumiant, Omvoh and Taltz. Its neuroscience products include Cymbalta and Emgality. Its other products and therapies include Cialis and Forteo. It manufactures and distributes its products through facilities in the U.S. (U.S.), including Puerto Rico, and in Europe and Asia. According to our Eli Lilly stock split history records, Eli Lilly has had 4 splits. | |
|
Eli Lilly (LLY) has 4 splits in our Eli Lilly stock split history database. The first split for LLY took place on January 30, 1986. This was a 2 for 1
split, meaning for each share of LLY 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. LLY's second split took place on May 01, 1989. This was a 2 for 1
split, meaning for each share of LLY 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. LLY's third split took place on December 21, 1995. This was a 2 for 1
split, meaning for each share of LLY 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. LLY's 4th split took place on October 16, 1997. This was a 2 for 1
split, meaning for each share of LLY owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split.
When a company such as Eli Lilly 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 Eli Lilly stock split history from start to finish, an original position size of 1000 shares would have turned into 16000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Eli Lilly shares, starting with a $10,000 purchase of LLY, presented on a split-history-adjusted basis factoring in the complete Eli Lilly stock split history.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
12/12/2014 |
|
End date: |
12/10/2024 |
|
Start price/share: |
$69.55 |
|
End price/share: |
$799.58 |
|
Starting shares: |
143.78 |
|
Ending shares: |
173.93 |
|
Dividends reinvested/share: |
$30.95 |
|
Total return: |
1,290.71% |
|
Average Annual Total Return: |
30.10% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$139,022.81 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
12/12/2014 |
|
End date: |
12/10/2024 |
|
Start price/share: |
$69.55 |
|
End price/share: |
$799.58 |
|
Dividends collected/share: |
$30.95 |
|
Total return: |
1,094.15% |
|
Average Annual Total Return: |
28.14% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$119,437.92 |
|
Years: |
10.00 |
|
|
|
Date |
Ratio |
01/30/1986 | 2 for 1
| 05/01/1989 | 2 for 1
| 12/21/1995 | 2 for 1
| 10/16/1997 | 2 for 1
|
|
|