When a company such as Flanigans Enterprises 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 BDL split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Flanigans Enterprises shares, starting with a $10,000 purchase of BDL, presented on a split-history-adjusted basis factoring in the complete BDL split history.

About Flanigans Enterprises

Flanigan's Enterprises operates as a chain of restaurants and package liquor stores. With the exception of The Whale's Rib, a restaurant Co. operates but has no ownership interest, and Brendan's Sports Pub, a restaurant/bar it owns, all of the restaurants operate under its service marks Flanigan's Seafood Bar and Grill or Flanigan's and all of the package liquor stores operate under its service marks Big Daddy's Liquors or Big Daddy's Wine & Liquors. Co.'s segments are: the restaurant segment, which provides alcoholic beverages and food service; and the package liquor store segment, which provides customers with a variety of brand name and private label liquors, beers and wines. According to our BDL split history records, Flanigans Enterprises has had 1 split.

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