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Video: What is a Stock Split?
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Honeywell International Inc. is an integrated operating company. Its Aerospace Technologies segment supplies products, software, and services for aircraft that it sells to original equipment manufacturers and other customers in a variety of end markets, including air transport, regional, business and general aviation aircraft, airlines, aircraft operators, and others. Its Industrial Automation segment provides industrial automation solutions that deliver intelligent, sustainable, and secure operations for customers in oil and gas, petrochemicals, life sciences, metals and mining, and other segments. According to our Honeywell International stock split history records, Honeywell International has had 6 splits. | |
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Honeywell International (HON) has 6 splits in our Honeywell International stock split history database. The first split for HON took place on May 30, 1984. This was a 3 for 2
split, meaning for each 2
shares of HON 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. HON's second split took place on March 15, 1994. This was a 2 for 1
split, meaning for each share of HON 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. HON's third split took place on September 16, 1997. This was a 2 for 1
split, meaning for each share of HON 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. HON's 4th split took place on October 03, 2016. This was a 10000 for 9947 split, meaning for each 9947 shares of HON owned pre-split, the shareholder now owned 10000 shares. For example, a 6000 share position pre-split, became a 6031.96943802151 share position following the split. HON's 5th split took place on October 01, 2018. This was a 1011 for 1000 split, meaning for each 1000 shares of HON owned pre-split, the shareholder now owned 1011 shares. For example, a 6031.96943802151 share position pre-split, became a 6098.32110183975 share position following the split. HON's 6th split took place on October 29, 2018. This was a 1032 for 1000 split, meaning for each 1000 shares of HON owned pre-split, the shareholder now owned 1032 shares. For example, a 6098.32110183975 share position pre-split, became a 6293.46737709862 share position following the split.
When a company such as Honeywell International 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 Honeywell International stock split history from start to finish, an original position size of 1000 shares would have turned into 6293.46737709862 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Honeywell International shares, starting with a $10,000 purchase of HON, presented on a split-history-adjusted basis factoring in the complete Honeywell International stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
01/21/2015 |
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End date: |
01/16/2025 |
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Start price/share: |
$94.62 |
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End price/share: |
$222.69 |
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Starting shares: |
105.69 |
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Ending shares: |
129.93 |
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Dividends reinvested/share: |
$33.25 |
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Total return: |
189.33% |
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Average Annual Total Return: |
11.22% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$28,945.15 |
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Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
01/21/2015 |
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End date: |
01/16/2025 |
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Start price/share: |
$94.62 |
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End price/share: |
$222.69 |
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Dividends collected/share: |
$33.25 |
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Total return: |
170.49% |
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Average Annual Total Return: |
10.47% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$27,052.45 |
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Years: |
9.99 |
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Date |
Ratio |
05/30/1984 | 3 for 2
| 03/15/1994 | 2 for 1
| 09/16/1997 | 2 for 1
| 10/03/2016 | 10000 for 9947 | 10/01/2018 | 1011 for 1000 | 10/29/2018 | 1032 for 1000 |
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