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 Video: What is a Stock Split?
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| Nordson is a technology company that engages in engineering, manufacturing and marketing of products and systems used for precision dispensing, applying and controlling of adhesives, coatings, polymers, sealants, biomaterials, and other fluids, to test and inspect for quality, and to treat and cure surfaces and various medical products. Co. has three segments: Industrial Precision Solutions, which delivers proprietary dispensing and material processing technology; Medical and Fluid Solutions, which includes fluid management solutions; and Advanced Technology Solutions, which integrates Co.'s proprietary product technologies into the progressive stages of a customer's production processes. According to our Nordson stock split history records, Nordson has had 3 splits. | |
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Nordson (NDSN) has 3 splits in our Nordson stock split history database. The first split for NDSN took place on September 25, 1991. This was a 2 for 1
split, meaning for each share of NDSN owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. NDSN's second split took place on September 13, 2000. This was a 2 for 1 split, meaning for each share of NDSN owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. NDSN's third split took place on April 13, 2011. This was a 2 for 1 split, meaning for each share of NDSN owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split.
When a company such as Nordson 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 Nordson stock split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Nordson shares, starting with a $10,000 purchase of NDSN, presented on a split-history-adjusted basis factoring in the complete Nordson stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
05/29/2013 |
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| End date: |
05/26/2023 |
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| Start price/share: |
$69.18 |
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| End price/share: |
$220.82 |
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| Starting shares: |
144.55 |
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| Ending shares: |
160.22 |
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| Dividends reinvested/share: |
$13.96 |
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| Total return: |
253.80% |
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| Average Annual Total Return: |
13.47% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$35,372.05 |
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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: |
05/29/2013 |
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| End date: |
05/26/2023 |
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| Start price/share: |
$69.18 |
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| End price/share: |
$220.82 |
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| Dividends collected/share: |
$13.96 |
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| Total return: |
239.38% |
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| Average Annual Total Return: |
13.00% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$33,934.31 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 09/25/1991 | 2 for 1
| | 09/13/2000 | 2 for 1 | | 04/13/2011 | 2 for 1 |
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