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 Video: What is a Stock Split?
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| Quest Diagnostics provides diagnostic information services. Co.'s diagnostic information segment provides information based on the menu of routine, non-routine and clinical testing and anatomic pathology testing, and other diagnostic information services. Co.'s testing capabilities, includes services for the predisposition, diagnosis, treatment and monitoring of cancers and other diseases, and provides tests in several fields, including endocrinology, immunology, neurology and oncology. Co.'s diagnostic solutions provides risk assessment services for the life insurance industry, as well as provides healthcare organizations and clinicians health information technology solutions. According to our Quest Diagnostics stock split history records, Quest Diagnostics has had 2 splits. | |
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Quest Diagnostics (DGX) has 2 splits in our Quest Diagnostics stock split history database. The first split for DGX took place on June 01, 2001. This was a 2 for 1 split, meaning for each share of DGX 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. DGX's second split took place on June 21, 2005. This was a 2 for 1 split, meaning for each share of DGX 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.
When a company such as Quest Diagnostics 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 Quest Diagnostics stock split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Quest Diagnostics shares, starting with a $10,000 purchase of DGX, presented on a split-history-adjusted basis factoring in the complete Quest Diagnostics stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
03/07/2011 |
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| End date: |
03/04/2021 |
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| Start price/share: |
$56.21 |
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| End price/share: |
$117.28 |
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| Starting shares: |
177.90 |
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| Ending shares: |
214.45 |
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| Dividends reinvested/share: |
$15.16 |
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| Total return: |
151.50% |
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| Average Annual Total Return: |
9.66% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$25,146.78 |
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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: |
03/07/2011 |
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| End date: |
03/04/2021 |
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| Start price/share: |
$56.21 |
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| End price/share: |
$117.28 |
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| Dividends collected/share: |
$15.16 |
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| Total return: |
135.62% |
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| Average Annual Total Return: |
8.95% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$23,565.27 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 06/01/2001 | 2 for 1 | | 06/21/2005 | 2 for 1 |
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