 |
 Video: What is a Stock Split?
|
|
|
| Sysco Corporation is engaged in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. It also supplies a variety of non-food items. Its segments include U.S. Foodservice Operations, International Foodservice Operations, SYGMA and Other. U.S. Foodservice Operations segment includes U.S. Broadline operations and U.S. Specialty operations. International Foodservice Operations include operations outside of the U.S.. SYGMA segment includes its U.S. customized distribution operations serving quick-service chain restaurant customer locations. According to our Sysco stock split history records, Sysco has had 4 splits. | |
|
Sysco (SYY) has 4 splits in our Sysco stock split history database. The first split for SYY took place on October 18, 1989. This was a 2 for 1
split, meaning for each share of SYY 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. SYY's second split took place on June 22, 1992. This was a 2 for 1
split, meaning for each share of SYY 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. SYY's third split took place on March 23, 1998. This was a 2 for 1
split, meaning for each share of SYY 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. SYY's 4th split took place on December 18, 2000. This was a 2 for 1 split, meaning for each share of SYY 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.
When a company such as Sysco 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 Sysco stock split history from start to finish, an original position size of 1000 shares would have turned into 16000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Sysco shares, starting with a $10,000 purchase of SYY, presented on a split-history-adjusted basis factoring in the complete Sysco stock split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
01/21/2015 |
|
| End date: |
01/16/2025 |
|
| Start price/share: |
$40.29 |
|
| End price/share: |
$73.22 |
|
| Starting shares: |
248.20 |
|
| Ending shares: |
322.22 |
|
| Dividends reinvested/share: |
$16.53 |
|
| Total return: |
135.93% |
|
| Average Annual Total Return: |
8.97% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$23,597.45 |
|
| Years: |
9.99 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
01/21/2015 |
|
| End date: |
01/16/2025 |
|
| Start price/share: |
$40.29 |
|
| End price/share: |
$73.22 |
|
| Dividends collected/share: |
$16.53 |
|
| Total return: |
122.76% |
|
| Average Annual Total Return: |
8.34% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$22,268.84 |
|
| Years: |
9.99 |
|
|
|
| Date |
Ratio |
| 10/18/1989 | 2 for 1
| | 06/22/1992 | 2 for 1
| | 03/23/1998 | 2 for 1
| | 12/18/2000 | 2 for 1 |
|
|
Free SYY Email Alerts:
