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|ED Stock Split History|
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Consolidated Edison (ED) has 2 splits in our ED split history database. The first split for ED took place on July 01, 1982. This was a 2 for 1 split, meaning for each share of ED owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. ED's second split took place on July 03, 1989. This was a 2 for 1 split, meaning for each share of ED owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as Consolidated Edison 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 ED split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Consolidated Edison shares, starting with a $10,000 purchase of ED, presented on a split-history-adjusted basis factoring in the complete ED split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||8.92%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||8.02%|
|About Consolidated Edison|
|Consolidated Edison is a holding company. Through its subsidiaries, Co. is engaged in provision of energy services. Co.'s subsidiaries include: Consolidated Edison Company of New York, Inc.'s principal business operations are its regulated electric, gas and steam delivery businesses; Orange & Rockland Utilities, Inc.'s principal business operations are its regulated electric and gas delivery businesses; Con Edison Clean Energy Businesses, Inc. develops, owns and operates renewable and energy infrastructure projects and provides energy-related products and services to wholesale and retail customers; and Con Edison Transmission, Inc. invests in electric and gas transmission projects. According to our ED split history records, Consolidated Edison has had 2 splits.|
|ED Split History Table|
|07/01/1982||2 for 1|
|07/03/1989||2 for 1|
|Utilities Stock Splits|
|ED 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: ED shares outstanding history