|
Video: What is a Stock Split?
|
|
Mastercard is a technology company that connects consumers, financial institutions, merchants, governments, digital partners, businesses and other organizations by enabling electronic payments instead of cash and checks. Co.'s payment products and applications include: consumer payment products, which includes consumer credit, consumer debit and prepaid; and new payment flows, which includes disbursements and remittances, commercial point of sale, business-to-business accounts payable and consumer bill payments. Co.'s services include: cyber and intelligence solutions, which prevents, detects and responds to fraud and cyber-attacks; data and services solutions; and processing and gateway. According to our Mastercard stock split history records, Mastercard has had 1 split. | |
|
Mastercard (MA) has 1 split in our Mastercard stock split history database. The split for MA took place on January 22, 2014. This was a 10 for 1 split, meaning for each share of MA owned pre-split, the shareholder now owned 10 shares. For example, a 1000 share position pre-split, became a 10000 share position following the split.
When a company such as Mastercard 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 Mastercard stock split history from start to finish, an original position size of 1000 shares would have turned into 10000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Mastercard shares, starting with a $10,000 purchase of MA, presented on a split-history-adjusted basis factoring in the complete Mastercard stock split history.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
10/08/2014 |
|
End date: |
10/04/2024 |
|
Start price/share: |
$74.06 |
|
End price/share: |
$497.70 |
|
Starting shares: |
135.03 |
|
Ending shares: |
143.37 |
|
Dividends reinvested/share: |
$14.18 |
|
Total return: |
613.56% |
|
Average Annual Total Return: |
21.72% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$71,348.62 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
10/08/2014 |
|
End date: |
10/04/2024 |
|
Start price/share: |
$74.06 |
|
End price/share: |
$497.70 |
|
Dividends collected/share: |
$14.18 |
|
Total return: |
591.17% |
|
Average Annual Total Return: |
21.33% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$69,095.84 |
|
Years: |
10.00 |
|
|
|
Date |
Ratio |
01/22/2014 | 10 for 1 |
|
|