 |
 Video: What is a Stock Split?
|
|
|
| Kinder Morgan is an energy infrastructure company. Co.'s segments are: Natural Gas Pipelines, which owns and operates main interstate and intrastate natural gas pipeline and storage systems, among others; Products Pipelines, which owns and operates refined petroleum products, crude oil and condensate pipelines; Terminals, which owns and/or operates liquids and bulk terminal facilities; and Carbon Dioxide (CO2), which produces, transports and markets CO2, owns and/or operates oil fields and gasoline processing plants in West Texas, owns and operates a crude oil pipeline system in West Texas, and owns and operates renewable natural gas and liquefied natural gas facilities in Indiana. According to our Kinder Morgan stock split history records, Kinder Morgan has had 2 splits. | |
|
Kinder Morgan (KMI) has 2 splits in our Kinder Morgan stock split history database. The first split for KMI took place on October 05, 1993. This was a 3 for 2
split, meaning for each 2
shares of KMI 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. KMI's second split took place on January 04, 1999. This was a 3 for 2
split, meaning for each 2
shares of KMI owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split.
When a company such as Kinder Morgan 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 Kinder Morgan stock split history from start to finish, an original position size of 1000 shares would have turned into 2250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Kinder Morgan shares, starting with a $10,000 purchase of KMI, presented on a split-history-adjusted basis factoring in the complete Kinder Morgan stock split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
10/08/2014 |
|
| End date: |
10/04/2024 |
|
| Start price/share: |
$38.26 |
|
| End price/share: |
$23.62 |
|
| Starting shares: |
261.37 |
|
| Ending shares: |
437.75 |
|
| Dividends reinvested/share: |
$10.25 |
|
| Total return: |
3.40% |
|
| Average Annual Total Return: |
0.33% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$10,334.85 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
10/08/2014 |
|
| End date: |
10/04/2024 |
|
| Start price/share: |
$38.26 |
|
| End price/share: |
$23.62 |
|
| Dividends collected/share: |
$10.25 |
|
| Total return: |
-11.48% |
|
| Average Annual Total Return: |
-1.21% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$8,854.10 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 10/05/1993 | 3 for 2
| | 01/04/1999 | 3 for 2
|
|
|
Free KMI Email Alerts:
