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 Video: What is a Stock Split?
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| Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). Co. owns, develops and manages premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets, and The Mills. It owns or holds an interest in approximately 195 income-producing properties in the U.S., which consists of 93 malls, 69 Premium Outlets, 14 Mills, six lifestyle centers, and 13 other retail properties in 37 states and Puerto Rico. It also holds an interest in 24 regional, super-regional, and outlet malls in the U.S. and Asia. According to our Simon Property Group stock split history records, Simon Property Group has had 3 splits. | |
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Simon Property Group (SPG) has 3 splits in our Simon Property Group stock split history database. The first split for SPG took place on May 29, 2014. This was a 1063 for 1000 split, meaning for each 1000 shares of SPG owned pre-split, the shareholder now owned 1063 shares. For example, a 1000 share position pre-split, became a 1063 share position following the split. SPG's second split took place on August 13, 2009. This was a 100722 for 100000 split, meaning for each 100000 shares of SPG owned pre-split, the shareholder now owned 100722 shares. For example, a 1063 share position pre-split, became a 1070.67486 share position following the split. SPG's third split took place on November 12, 2009. This was a 10063 for 10000 split, meaning for each 10000 shares of SPG owned pre-split, the shareholder now owned 10063 shares. For example, a 1070.67486 share position pre-split, became a 1077.420111618 share position following the split.
When a company such as Simon Property Group 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 Simon Property Group stock split history from start to finish, an original position size of 1000 shares would have turned into 1077.420111618 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Simon Property Group shares, starting with a $10,000 purchase of SPG, presented on a split-history-adjusted basis factoring in the complete Simon Property Group stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
06/16/2016 |
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| End date: |
06/12/2026 |
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| Start price/share: |
$206.21 |
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| End price/share: |
$219.04 |
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| Starting shares: |
48.49 |
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| Ending shares: |
81.26 |
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| Dividends reinvested/share: |
$73.95 |
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| Total return: |
77.98% |
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| Average Annual Total Return: |
5.94% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$17,801.74 |
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| Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
06/16/2016 |
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| End date: |
06/12/2026 |
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| Start price/share: |
$206.21 |
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| End price/share: |
$219.04 |
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| Dividends collected/share: |
$73.95 |
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| Total return: |
42.08% |
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| Average Annual Total Return: |
3.58% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,212.66 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 05/29/2014 | 1063 for 1000 | | 08/13/2009 | 100722 for 100000 | | 11/12/2009 | 10063 for 10000 |
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