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 Video: What is a Stock Split?
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| Robert Half provides staffing and risk consulting services. Co., through its Accountemps, Robert Half Finance & Accounting, and Robert Half Management Resources divisions, is a provider of project personnel in the fields of accounting and finance. Co.'s other divisions include: OfficeTeam, which focuses on contract, administrative support personnel; Robert Half Technology, which provides project and full-time technology personnel; Robert Half Legal, which provides contract, project, and full-time staffing of lawyers, paralegals and legal support personnel; and The Creative Group, which provides creative, digital, marketing, advertising and public relations personnel. According to our Robert Half stock split history records, Robert Half has had 4 splits. | |
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Robert Half (RHI) has 4 splits in our Robert Half stock split history database. The first split for RHI took place on August 29, 1994. This was a 2 for 1
split, meaning for each share of RHI 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. RHI's second split took place on June 10, 1996. This was a 2 for 1
split, meaning for each share of RHI 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. RHI's third split took place on September 29, 1997. This was a 3 for 2
split, meaning for each 2
shares of RHI owned pre-split, the shareholder now owned 3 shares. For example, a 4000 share position pre-split, became a 6000 share position following the split. RHI's 4th split took place on June 13, 2000. This was a 2 for 1
split, meaning for each share of RHI 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 Robert Half 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 Robert Half 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 Robert Half shares, starting with a $10,000 purchase of RHI, presented on a split-history-adjusted basis factoring in the complete Robert Half stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/08/2014 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$49.22 |
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| End price/share: |
$66.62 |
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| Starting shares: |
203.17 |
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| Ending shares: |
249.66 |
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| Dividends reinvested/share: |
$13.29 |
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| Total return: |
66.32% |
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| Average Annual Total Return: |
5.22% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$16,631.16 |
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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: |
10/08/2014 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$49.22 |
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| End price/share: |
$66.62 |
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| Dividends collected/share: |
$13.29 |
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| Total return: |
62.35% |
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| Average Annual Total Return: |
4.97% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$16,240.31 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 08/29/1994 | 2 for 1
| | 06/10/1996 | 2 for 1
| | 09/29/1997 | 3 for 2
| | 06/13/2000 | 2 for 1
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