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Video: What is a Stock Split?
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Qualcomm engages in the development and commercialization of foundational technologies for the wireless industry. Co.'s segments are: Qualcomm Code Division Multiple Access Technologies, which is a developer and supplier of integrated circuits and system software based on third generation/fourth generation/fifth generation and other technologies; Qualcomm Technology Licensing, which grants licenses or otherwise provides rights to use portions of its intellectual property portfolio, that, among other rights, includes certain patent rights essential to and/or useful in the manufacture, sale and/or use of certain wireless products; and Qualcomm Strategic Initiatives, which makes investments. According to our Qualcomm stock split history records, Qualcomm has had 4 splits. | |
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Qualcomm (QCOM) has 4 splits in our Qualcomm stock split history database. The first split for QCOM took place on February 24, 1994. This was a 2 for 1
split, meaning for each share of QCOM 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. QCOM's second split took place on May 11, 1999. This was a 2 for 1
split, meaning for each share of QCOM 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. QCOM's third split took place on December 31, 1999. This was a 4 for 1
split, meaning for each share of QCOM owned pre-split, the shareholder now owned 4 shares. For example, a 4000 share position pre-split, became a 16000 share position following the split. QCOM's 4th split took place on August 16, 2004. This was a 2 for 1 split, meaning for each share of QCOM owned pre-split, the shareholder now owned 2 shares. For example, a 16000 share position pre-split, became a 32000 share position following the split.
When a company such as Qualcomm 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 Qualcomm stock split history from start to finish, an original position size of 1000 shares would have turned into 32000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Qualcomm shares, starting with a $10,000 purchase of QCOM, presented on a split-history-adjusted basis factoring in the complete Qualcomm stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
03/20/2014 |
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End date: |
03/18/2024 |
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Start price/share: |
$78.10 |
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End price/share: |
$166.92 |
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Starting shares: |
128.04 |
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Ending shares: |
171.33 |
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Dividends reinvested/share: |
$24.48 |
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Total return: |
185.98% |
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Average Annual Total Return: |
11.08% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$28,607.75 |
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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: |
03/20/2014 |
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End date: |
03/18/2024 |
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Start price/share: |
$78.10 |
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End price/share: |
$166.92 |
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Dividends collected/share: |
$24.48 |
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Total return: |
145.07% |
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Average Annual Total Return: |
9.38% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$24,518.05 |
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Years: |
10.00 |
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Date |
Ratio |
02/24/1994 | 2 for 1
| 05/11/1999 | 2 for 1
| 12/31/1999 | 4 for 1
| 08/16/2004 | 2 for 1 |
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