 |
 Video: What is a Stock Split?
|
|
|
| Northrop Grumman Corporation is a leading global security company providing innovative systems, products and solutions in aerospace, electronics, information systems, and technical services to government and commercial customers worldwide. The company's core competencies are aligned with the current and future needs of their customers and address emerging global security challenges in key areas, such as unmanned systems, cybersecurity, C4ISR, and logistics that are critical to the defense of the United States and its allies. According to our Northrop Grumman stock split history records, Northrop Grumman has had 3 splits. | |
|
Northrop Grumman (NOC) has 3 splits in our Northrop Grumman stock split history database. The first split for NOC took place on September 11, 1984. This was a 3 for 1
split, meaning for each share of NOC owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split. NOC's second split took place on June 22, 2004. This was a 2 for 1 split, meaning for each share of NOC 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. NOC's third split took place on March 31, 2011. This was a 10000 for 9035 split, meaning for each 9035 shares of NOC owned pre-split, the shareholder now owned 10000 shares. For example, a 6000 share position pre-split, became a 6640.84117321527 share position following the split.
When a company such as Northrop Grumman 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 Northrop Grumman stock split history from start to finish, an original position size of 1000 shares would have turned into 6640.84117321527 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Northrop Grumman shares, starting with a $10,000 purchase of NOC, presented on a split-history-adjusted basis factoring in the complete Northrop Grumman stock split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
10/08/2014 |
|
| End date: |
10/04/2024 |
|
| Start price/share: |
$126.36 |
|
| End price/share: |
$536.74 |
|
| Starting shares: |
79.14 |
|
| Ending shares: |
92.73 |
|
| Dividends reinvested/share: |
$51.41 |
|
| Total return: |
397.73% |
|
| Average Annual Total Return: |
17.41% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$49,757.66 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
10/08/2014 |
|
| End date: |
10/04/2024 |
|
| Start price/share: |
$126.36 |
|
| End price/share: |
$536.74 |
|
| Dividends collected/share: |
$51.41 |
|
| Total return: |
365.46% |
|
| Average Annual Total Return: |
16.63% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$46,550.00 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 09/11/1984 | 3 for 1
| | 06/22/2004 | 2 for 1 | | 03/31/2011 | 10000 for 9035 |
|
|
Free NOC Email Alerts:
