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Video: What is a Stock Split?
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Tractor Supply Co. is a rural lifestyle retailer in the U.S.. Co. is focused on supplying the needs of recreational farmers and ranchers. It operates retail stores under the names Tractor Supply Co. and Petsense by Tractor Supply. Its stores are located in towns outlying various metropolitan markets and in rural communities. It also offers an expanded assortment of products through the Tractor Supply mobile application and online at TractorSupply.com and Petsense.com. Co.'s selection of merchandise consists of various product categories, including livestock, equine and agriculture; companion animal; seasonal and recreation; truck, tool, and hardware, and clothing, gift, and decor. According to our Tractor Supply stock split history records, Tractor Supply has had 4 splits. | |
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Tractor Supply (TSCO) has 4 splits in our Tractor Supply stock split history database. The first split for TSCO took place on August 20, 2002. This was a 2 for 1 split, meaning for each share of TSCO 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. TSCO's second split took place on August 22, 2003. This was a 2 for 1 split, meaning for each share of TSCO 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. TSCO's third split took place on September 03, 2010. This was a 2 for 1 split, meaning for each share of TSCO 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. TSCO's 4th split took place on September 27, 2013. This was a 2 for 1 split, meaning for each share of TSCO 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 Tractor Supply 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 Tractor Supply 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 Tractor Supply shares, starting with a $10,000 purchase of TSCO, presented on a split-history-adjusted basis factoring in the complete Tractor Supply 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: |
$77.72 |
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End price/share: |
$284.71 |
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Starting shares: |
128.67 |
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Ending shares: |
148.45 |
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Dividends reinvested/share: |
$21.07 |
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Total return: |
322.66% |
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Average Annual Total Return: |
15.50% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$42,266.01 |
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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: |
$77.72 |
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End price/share: |
$284.71 |
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Dividends collected/share: |
$21.07 |
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Total return: |
293.44% |
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Average Annual Total Return: |
14.68% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$39,358.62 |
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Years: |
10.00 |
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Date |
Ratio |
08/20/2002 | 2 for 1 | 08/22/2003 | 2 for 1 | 09/03/2010 | 2 for 1 | 09/27/2013 | 2 for 1 |
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