|Free Dividend Report|
|FLS Dividend History|
|FLS Stock Split History|
|Preferred Stock Newsletter|
|FLS Options Chain|
|Stock Message Boards|
Flowserve (FLS) has 2 splits in our FLS split history database. The first split for FLS took place on March 28, 1994. This was a 3 for 2 split, meaning for each 2 shares of FLS 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. FLS's second split took place on June 24, 2013. This was a 3 for 1 split, meaning for each share of FLS owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 4500 share position following the split.
When a company such as Flowserve 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 FLS 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 Flowserve shares, starting with a $10,000 purchase of FLS, presented on a split-history-adjusted basis factoring in the complete FLS split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||2.29%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||2.19%|
|Flowserve is a manufacturer and aftermarket service provider of flow control systems. Co. develops and manufactures flow control equipment integral to the movement, control and protection of the flow of materials in its customers' processes. Co.'s segments are: Flowserve Pump Division, which are for custom, pumps, pre-configured industrial pumps, pump systems, mechanical seals, auxiliary systems and replacement parts and related services; and Flow Control Division, which are for engineered and industrial valves, control valves, actuators and controls and related services. According to our FLS split history records, Flowserve has had 2 splits.|
|FLS Split History Table|
|03/28/1994||3 for 2|
|06/24/2013||3 for 1|
|Industrials Stock Splits|
|FLS 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: FLS shares outstanding history