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 Video: What is a Stock Split?
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| Atlantic Power owns and operates a fleet of power generation assets in the U.S. and Canada. Co.'s power generation projects sell electricity to utilities and other commercial customers primarily under long-term power purchase agreements. As of Dec 31 2016, Co.'s power generation projects had an aggregate gross electric generation capacity of approximately 2,138 megawatts (MW) in which Co.'s aggregate ownership interest is approximately 1,500 MW. As of Dec 31 2016, Co.'s portfolio consisted of interests in 23 power generation projects across nine states in the U.S. and two provinces in Canada. According to our Atlantic Power stock split history records, Atlantic Power has had 3 splits. | |
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Atlantic Power (AT) has 3 splits in our Atlantic Power stock split history database. The first split for AT took place on June 01, 1987. This was a 3 for 2
split, meaning for each 2
shares of AT owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. AT's second split took place on July 17, 1989. This was a 3 for 2
split, meaning for each 2
shares of AT owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split. AT's third split took place on July 12, 1993. This was a 2 for 1
split, meaning for each share of AT owned pre-split, the shareholder now owned 2 shares. For example, a 2250 share position pre-split, became a 4500 share position following the split.
When a company such as Atlantic Power 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 Atlantic Power stock split history from start to finish, an original position size of 1000 shares would have turned into 4500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Atlantic Power shares, starting with a $10,000 purchase of AT, presented on a split-history-adjusted basis factoring in the complete Atlantic Power stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/03/2009 |
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| End date: |
07/16/2018 |
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| Start price/share: |
$10.92 |
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| End price/share: |
$2.25 |
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| Starting shares: |
915.75 |
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| Ending shares: |
1,367.39 |
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| Dividends reinvested/share: |
$3.49 |
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| Total return: |
-69.23% |
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| Average Annual Total Return: |
-12.78% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$3,077.23 |
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| Years: |
8.62 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/03/2009 |
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| End date: |
07/16/2018 |
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| Start price/share: |
$10.92 |
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| End price/share: |
$2.25 |
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| Dividends collected/share: |
$3.49 |
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| Total return: |
-47.47% |
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| Average Annual Total Return: |
-7.20% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$5,251.58 |
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| Years: |
8.62 |
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| Date |
Ratio |
| 06/01/1987 | 3 for 2
| | 07/17/1989 | 3 for 2
| | 07/12/1993 | 2 for 1
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