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 Video: What is a Stock Split?
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| Ross Stores, Inc. is engaged in operating two brands of off-price retail apparel and home fashion stores-Ross Dress for Less (Ross) and dds DISCOUNTS. Ross is the off-price apparel and home fashion chain in the U.S., with approximately 1,764 locations in 43 states, the District of Columbia, and Guam. Ross offers in-season, name brand and designer apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day. Ross target customers are primarily from middle-income households. According to our Ross Stores stock split history records, Ross Stores has had 5 splits. | |
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Ross Stores (ROST) has 5 splits in our Ross Stores stock split history database. The first split for ROST took place on March 06, 1997. This was a 2 for 1
split, meaning for each share of ROST 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. ROST's second split took place on September 23, 1999. This was a 2 for 1
split, meaning for each share of ROST 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. ROST's third split took place on December 19, 2003. This was a 2 for 1 split, meaning for each share of ROST owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. ROST's 4th split took place on December 16, 2011. This was a 2 for 1 split, meaning for each share of ROST owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split. ROST's 5th split took place on June 12, 2015. This was a 2 for 1 split, meaning for each share of ROST 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 Ross Stores 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 Ross Stores 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 Ross Stores shares, starting with a $10,000 purchase of ROST, presented on a split-history-adjusted basis factoring in the complete Ross Stores stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/12/2014 |
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| End date: |
12/10/2024 |
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| Start price/share: |
$45.29 |
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| End price/share: |
$155.77 |
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| Starting shares: |
220.80 |
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| Ending shares: |
243.38 |
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| Dividends reinvested/share: |
$9.05 |
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| Total return: |
279.12% |
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| Average Annual Total Return: |
14.25% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$37,907.10 |
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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: |
12/12/2014 |
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| End date: |
12/10/2024 |
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| Start price/share: |
$45.29 |
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| End price/share: |
$155.77 |
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| Dividends collected/share: |
$9.05 |
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| Total return: |
263.92% |
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| Average Annual Total Return: |
13.78% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$36,375.83 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 03/06/1997 | 2 for 1
| | 09/23/1999 | 2 for 1
| | 12/19/2003 | 2 for 1 | | 12/16/2011 | 2 for 1 | | 06/12/2015 | 2 for 1 |
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