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 Video: What is a Stock Split?
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| Great Southern Bancorp is a bank holding company and a financial holding company. Through its subsidiary, Great Southern Bank, Co. provides a range financial services to customers primarily located in Missouri, Iowa, Kansas, Minnesota, Nebraska and Arkansas. Co.'s banking operation is its only reportable segment. The banking operation is principally engaged in the business of originating residential and commercial real estate loans, construction loans, commercial business loans and consumer loans and funding these loans by accepting deposits from the general public, accepting brokered deposits and borrowing from the Federal Home Loan Bank and others. According to our GSBC split history records, Great Southern Bancorp has had 3 splits. | |
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Great Southern Bancorp (GSBC) has 3 splits in our GSBC split history database. The first split for GSBC took place on July 26, 1994. This was a 3 for 1
split, meaning for each share of GSBC owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split. GSBC's second split took place on October 22, 1996. This was a 2 for 1
split, meaning for each share of GSBC owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split. GSBC's third split took place on June 02, 2004. This was a 2 for 1 split, meaning for each share of GSBC owned pre-split, the shareholder now owned 2 shares. For example, a 6000 share position pre-split, became a 12000 share position following the split.
When a company such as Great Southern Bancorp 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 GSBC 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 Great Southern Bancorp shares, starting with a $10,000 purchase of GSBC, presented on a split-history-adjusted basis factoring in the complete GSBC split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/19/2024 |
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| Start price/share: |
$29.06 |
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| End price/share: |
$52.45 |
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| Starting shares: |
344.12 |
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| Ending shares: |
454.65 |
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| Dividends reinvested/share: |
$13.87 |
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| Total return: |
138.46% |
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| Average Annual Total Return: |
9.08% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$23,847.96 |
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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: |
04/22/2014 |
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| End date: |
04/19/2024 |
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| Start price/share: |
$29.06 |
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| End price/share: |
$52.45 |
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| Dividends collected/share: |
$13.87 |
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| Total return: |
128.22% |
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| Average Annual Total Return: |
8.60% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$22,819.09 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 07/26/1994 | 3 for 1
| | 10/22/1996 | 2 for 1
| | 06/02/2004 | 2 for 1 |
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