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 Video: What is a Stock Split?
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| General Dynamics is an aerospace and defense company. Co.'s operating segments include: Aerospace, which consists of Co.'s Gulfstream that designs, develops and manufactures aircraft and Jet Aviation that provides a suite of aircraft services for aircraft owners and operators; Marine Systems, which designs and builds nuclear-powered submarines and provides in surface combatant and auxiliary ship design and construction; Combat Systems, which is a manufacturer and integrator of land combat solutions; and Technologies, which provides a range of services, technologies and products to a market that seeks solutions combining electronic hardware with software. According to our General Dynamics stock split history records, General Dynamics has had 5 splits. | |
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General Dynamics (GD) has 5 splits in our General Dynamics stock split history database. The first split for GD took place on February 20, 1979. This was a 5 for 2
split, meaning for each 2
shares of GD owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 2500 share position following the split. GD's second split took place on November 17, 1980. This was a 2 for 1
split, meaning for each share of GD owned pre-split, the shareholder now owned 2 shares. For example, a 2500 share position pre-split, became a 5000 share position following the split. GD's third split took place on April 11, 1994. This was a 2 for 1
split, meaning for each share of GD owned pre-split, the shareholder now owned 2 shares. For example, a 5000 share position pre-split, became a 10000 share position following the split. GD's 4th split took place on April 03, 1998. This was a 2 for 1
split, meaning for each share of GD owned pre-split, the shareholder now owned 2 shares. For example, a 10000 share position pre-split, became a 20000 share position following the split. GD's 5th split took place on March 27, 2006. This was a 2 for 1 split, meaning for each share of GD owned pre-split, the shareholder now owned 2 shares. For example, a 20000 share position pre-split, became a 40000 share position following the split.
When a company such as General Dynamics 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 General Dynamics stock split history from start to finish, an original position size of 1000 shares would have turned into 40000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into General Dynamics shares, starting with a $10,000 purchase of GD, presented on a split-history-adjusted basis factoring in the complete General Dynamics stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/18/2014 |
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| End date: |
09/16/2024 |
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| Start price/share: |
$129.28 |
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| End price/share: |
$307.55 |
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| Starting shares: |
77.35 |
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| Ending shares: |
96.24 |
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| Dividends reinvested/share: |
$40.52 |
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| Total return: |
195.97% |
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| Average Annual Total Return: |
11.46% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$29,601.89 |
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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: |
09/18/2014 |
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| End date: |
09/16/2024 |
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| Start price/share: |
$129.28 |
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| End price/share: |
$307.55 |
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| Dividends collected/share: |
$40.52 |
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| Total return: |
169.24% |
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| Average Annual Total Return: |
10.41% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$26,927.87 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 02/20/1979 | 5 for 2
| | 11/17/1980 | 2 for 1
| | 04/11/1994 | 2 for 1
| | 04/03/1998 | 2 for 1
| | 03/27/2006 | 2 for 1 |
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