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 Video: What is a Stock Split?
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| Humana Inc. is a healthcare company. It operates through two segments: Insurance and CenterWell. The Insurance segment consists of Medicare benefits, marketed to individuals or directly through group Medicare accounts. It also includes its contract with the Centers for Medicare and Medicaid Services (CMS) to administer the Limited Income Newly Eligible Transition (LI-NET), a prescription drug plan program and contracts with various states to provide Medicaid, dual eligible demonstration, and Long-Term Support Services benefits. It also includes products consisting of employer group commercial fully insured medical and specialty health insurance benefits. According to our Humana stock split history records, Humana has had 4 splits. | |
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Humana (HUM) has 4 splits in our Humana stock split history database. The first split for HUM took place on February 01, 1982. This was a 3 for 2
split, meaning for each 2
shares of HUM 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. HUM's second split took place on February 01, 1983. This was a 4 for 3
split, meaning for each 3
shares of HUM owned pre-split, the shareholder now owned 4 shares. For example, a 1500 share position pre-split, became a 2000 share position following the split. HUM's third split took place on February 01, 1984. This was a 6 for 5
split, meaning for each 5
shares of HUM owned pre-split, the shareholder now owned 6 shares. For example, a 2000 share position pre-split, became a 2400 share position following the split. HUM's 4th split took place on August 01, 1991. This was a 3 for 2
split, meaning for each 2
shares of HUM owned pre-split, the shareholder now owned 3 shares. For example, a 2400 share position pre-split, became a 3600 share position following the split.
When a company such as Humana 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 Humana stock split history from start to finish, an original position size of 1000 shares would have turned into 3600 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Humana shares, starting with a $10,000 purchase of HUM, presented on a split-history-adjusted basis factoring in the complete Humana 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: |
$153.28 |
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| End price/share: |
$275.80 |
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| Starting shares: |
65.24 |
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| Ending shares: |
70.15 |
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| Dividends reinvested/share: |
$23.64 |
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| Total return: |
93.48% |
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| Average Annual Total Return: |
6.83% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,354.19 |
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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: |
$153.28 |
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| End price/share: |
$275.80 |
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| Dividends collected/share: |
$23.64 |
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| Total return: |
95.36% |
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| Average Annual Total Return: |
6.93% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,536.03 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 02/01/1982 | 3 for 2
| | 02/01/1983 | 4 for 3
| | 02/01/1984 | 6 for 5
| | 08/01/1991 | 3 for 2
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