|Free Dividend Report|
|CNP Dividend History|
|CNP Stock Split History|
|CNP Preferred Stock|
|CNP Options Chain|
|CNP Message Board|
CenterPoint Energy (CNP) has 1 split in our CNP split history database. The split for CNP took place on October 01, 2002. This was a 1000 for 843 split, meaning for each 843 shares of CNP owned pre-split, the shareholder now owned 1000 shares. For example, a 1000 share position pre-split, became a 1186.23962040332 share position following the split.
When a company such as CenterPoint Energy 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 CNP split history from start to finish, an original position size of 1000 shares would have turned into 1186.23962040332 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CenterPoint Energy shares, starting with a $10,000 purchase of CNP, presented on a split-history-adjusted basis factoring in the complete CNP split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||10.57%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||9.52%|
|About CenterPoint Energy|
|CenterPoint Energy is a holding company. Through its subsidiaries, CenterPoint Energy Houston Electric, LLC (Houston Electric) and CenterPoint Energy Resources Corp. (CERC Corp.), Co. owns and operates electric transmission and distribution and natural gas distribution facilities and supplies natural gas to commercial and industrial customers and electric and natural gas utilities. CenterPoint Energy Services, Inc., a subsidiary of CERC Corp., provides a variety of natural gas management services to gas utilities, large industrial customers, electric generators, smaller commercial and industrial customers, municipalities, educational institutions, government facilities and hospitals. According to our CNP split history records, CenterPoint Energy has had 1 split.|
|CNP Split History Table|
|10/01/2002||1000 for 843|
|Utilities Stock Splits|
|CNP is categorized under the Utilities sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: CNP shares outstanding history