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 Video: What is a Stock Split?
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| Northern Trust is a financial holding company. Through its subsidiaries, Co. is a provider of wealth management, asset servicing, asset management and banking solutions. Co.'s segments are: Asset Servicing, which provides asset servicing and related services to corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors; and Wealth Management, which provides trust, investment management, custody, and philanthropic services, financial consulting, guardianship and estate administration, family business consulting, family financial education, brokerage services, and private and business banking. According to our Northern Trust stock split history records, Northern Trust has had 4 splits. | |
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Northern Trust (NTRS) has 4 splits in our Northern Trust stock split history database. The first split for NTRS took place on May 01, 1990. This was a 2 for 1
split, meaning for each share of NTRS 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. NTRS's second split took place on December 10, 1992. This was a 3 for 2
split, meaning for each 2
shares of NTRS owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 3000 share position following the split. NTRS's third split took place on December 10, 1996. This was a 2 for 1
split, meaning for each share of NTRS 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. NTRS's 4th split took place on December 10, 1999. This was a 2 for 1
split, meaning for each share of NTRS owned pre-split, the shareholder now owned 2 shares. For example, a 6000 share position pre-split, became a 12000 share position following the split.
When a company such as Northern Trust 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 Northern Trust stock split history from start to finish, an original position size of 1000 shares would have turned into 12000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Northern Trust shares, starting with a $10,000 purchase of NTRS, presented on a split-history-adjusted basis factoring in the complete Northern Trust 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: |
$58.57 |
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| End price/share: |
$72.62 |
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| Starting shares: |
170.74 |
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| Ending shares: |
216.85 |
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| Dividends reinvested/share: |
$20.51 |
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| Total return: |
57.48% |
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| Average Annual Total Return: |
4.65% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,752.09 |
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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: |
$58.57 |
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| End price/share: |
$72.62 |
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| Dividends collected/share: |
$20.51 |
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| Total return: |
59.01% |
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| Average Annual Total Return: |
4.75% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,903.22 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 05/01/1990 | 2 for 1
| | 12/10/1992 | 3 for 2
| | 12/10/1996 | 2 for 1
| | 12/10/1999 | 2 for 1
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