|Free Dividend Report|
|Stock Splits Calendar|
|DY Stock Split History|
|Preferred Stock Newsletter|
|DY Options Chain|
|Stock Message Boards|
Dycom Industries (DY) has 2 splits in our DY split history database. The first split for DY took place on January 05, 1999. This was a 3 for 2 split, meaning for each 2 shares of DY 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. DY's second split took place on February 17, 2000. This was a 3 for 2 split, meaning for each 2 shares of DY 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.
When a company such as Dycom Industries 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 DY split history from start to finish, an original position size of 1000 shares would have turned into 2250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Dycom Industries shares, starting with a $10,000 purchase of DY, presented on a split-history-adjusted basis factoring in the complete DY split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||14.74%|
|About Dycom Industries|
|Dycom Industries is a provider of contracting services. Co. supplies telecommunications providers with a portfolio of services, including program management; planning; engineering and design; aerial, underground, and wireless construction; maintenance; and fulfillment services for telecommunications providers. Additionally, Co. provides underground facility locating services for various utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities. Co. supplies the labor, tools, and equipment necessary to provide these services to its customers. According to our DY split history records, Dycom Industries has had 2 splits.|
|DY Split History Table|
|01/05/1999||3 for 2|
|02/17/2000||3 for 2|
|Industrials Stock Splits|
|DY is categorized under the Industrials sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: DY shares outstanding history