 |
 Video: What is a Stock Split?
|
|
|
| Vulcan Materials supplies construction aggregates (crushed stone, sand and gravel), a producer of asphalt mix and ready-mixed concrete, and a supplier of construction paving services. Co.'s products are the indispensable materials building homes, offices, places of worship, schools, hospitals and factories. Co.'s operating segments include: Aggregates, which produces and sells aggregates (crushed stone, sand and gravel, sand, and other aggregates) and related products and services; Asphalt, which produces and sells asphalt mix and includes asphalt construction paving; Concrete, which produces and sells ready-mixed concrete; and Calcium, which mines, produces and sells calcium products. According to our Vulcan Materials stock split history records, Vulcan Materials has had 2 splits. | |
|
Vulcan Materials (VMC) has 2 splits in our Vulcan Materials stock split history database. The first split for VMC took place on March 13, 1989. This was a 4 for 1
split, meaning for each share of VMC owned pre-split, the shareholder now owned 4 shares. For example, a 1000 share position pre-split, became a 4000 share position following the split. VMC's second split took place on March 11, 1999. This was a 3 for 1
split, meaning for each share of VMC owned pre-split, the shareholder now owned 3 shares. For example, a 4000 share position pre-split, became a 12000 share position following the split.
When a company such as Vulcan Materials 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 Vulcan Materials stock split history from start to finish, an original position size of 1000 shares would have turned into 12000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Vulcan Materials shares, starting with a $10,000 purchase of VMC, presented on a split-history-adjusted basis factoring in the complete Vulcan Materials stock split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
06/11/2013 |
|
| End date: |
06/09/2023 |
|
| Start price/share: |
$52.77 |
|
| End price/share: |
$206.64 |
|
| Starting shares: |
189.50 |
|
| Ending shares: |
204.39 |
|
| Dividends reinvested/share: |
$10.10 |
|
| Total return: |
322.34% |
|
| Average Annual Total Return: |
15.50% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$42,249.33 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
06/11/2013 |
|
| End date: |
06/09/2023 |
|
| Start price/share: |
$52.77 |
|
| End price/share: |
$206.64 |
|
| Dividends collected/share: |
$10.10 |
|
| Total return: |
310.73% |
|
| Average Annual Total Return: |
15.17% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$41,057.61 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 03/13/1989 | 4 for 1
| | 03/11/1999 | 3 for 1
|
|
|
Free VMC Email Alerts:
