 |
 Video: What is a Stock Split?
|
|
|
| T. Rowe Price Group, Inc. is a global asset management company. Co. provides a broad range of investment solutions across equity, fixed income, multi-asset, and alternative capabilities for clients around the world - from individuals to advisors to institutions to retirement plan sponsors. It also provides certain investment advisory clients with related administrative services, including distribution, mutual fund transfer agent, accounting and shareholder services; participant recordkeeping and transfer agent services for defined contribution retirement plans; brokerage; trust services, and non-discretionary advisory services through model delivery. According to our T. Rowe Price Group stock split history records, T. Rowe Price Group has had 5 splits. | |
|
T. Rowe Price Group (TROW) has 5 splits in our T. Rowe Price Group stock split history database. The first split for TROW took place on January 02, 1990. This was a 2 for 1
split, meaning for each share of TROW 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. TROW's second split took place on December 01, 1993. This was a 2 for 1
split, meaning for each share of TROW 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. TROW's third split took place on May 01, 1996. This was a 2 for 1
split, meaning for each share of TROW 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. TROW's 4th split took place on May 01, 1998. This was a 2 for 1
split, meaning for each share of TROW 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. TROW's 5th split took place on June 26, 2006. This was a 2 for 1 split, meaning for each share of TROW 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 T. Rowe Price 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 T. Rowe Price Group 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 T. Rowe Price Group shares, starting with a $10,000 purchase of TROW, presented on a split-history-adjusted basis factoring in the complete T. Rowe Price Group stock split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
03/25/2015 |
|
| End date: |
03/21/2025 |
|
| Start price/share: |
$81.58 |
|
| End price/share: |
$92.83 |
|
| Starting shares: |
122.58 |
|
| Ending shares: |
176.81 |
|
| Dividends reinvested/share: |
$40.67 |
|
| Total return: |
64.13% |
|
| Average Annual Total Return: |
5.08% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$16,411.25 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
03/25/2015 |
|
| End date: |
03/21/2025 |
|
| Start price/share: |
$81.58 |
|
| End price/share: |
$92.83 |
|
| Dividends collected/share: |
$40.67 |
|
| Total return: |
63.64% |
|
| Average Annual Total Return: |
5.05% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$16,364.47 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 01/02/1990 | 2 for 1
| | 12/01/1993 | 2 for 1
| | 05/01/1996 | 2 for 1
| | 05/01/1998 | 2 for 1
| | 06/26/2006 | 2 for 1 |
|
|
Free TROW Email Alerts:
