Home |
Free Dividend Report |
GAB Dividend History |
GAB Stock Split History |
GAB Preferred Stock |
Top Option Ideas |
GAB Message Board |
Gabelli Equity Trust (GAB) has 3 splits in our GAB split history database. The first split for GAB took place on July 12, 1999. This was a 11 for 10 split, meaning for each 10 shares of GAB owned pre-split, the shareholder now owned 11 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split. GAB's second split took place on September 17, 2014. This was a 1023 for 1000 split, meaning for each 1000 shares of GAB owned pre-split, the shareholder now owned 1023 shares. For example, a 1100 share position pre-split, became a 1125.3 share position following the split. GAB's third split took place on November 03, 2017. This was a 1008 for 1000 split, meaning for each 1000 shares of GAB owned pre-split, the shareholder now owned 1008 shares. For example, a 1125.3 share position pre-split, became a 1134.3024 share position following the split.
When a company such as Gabelli Equity Trust 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 GAB split history from start to finish, an original position size of 1000 shares would have turned into 1134.3024 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Gabelli Equity Trust shares, starting with a $10,000 purchase of GAB, presented on a split-history-adjusted basis factoring in the complete GAB split history.
Growth of $10,000.00 With Dividends Reinvested |
|||
Start date: | 04/01/2014 | ||
End date: | 03/28/2024 | ||
Start price/share: | $7.50 | ||
End price/share: | $5.52 | ||
Starting shares: | 1,333.33 | ||
Ending shares: | 3,694.74 | ||
Dividends reinvested/share: | $6.14 | ||
Total return: | 103.95% | ||
Average Annual Total Return: | 7.39% | ||
Starting investment: | $10,000.00 | ||
Ending investment: | $20,396.40 | ||
Years: | 10.00 | ||
Growth of $10,000.00 Without Dividends Reinvested |
|||
Start date: | 04/01/2014 | ||
End date: | 03/28/2024 | ||
Start price/share: | $7.50 | ||
End price/share: | $5.52 | ||
Dividends collected/share: | $6.14 | ||
Total return: | 55.41% | ||
Average Annual Total Return: | 4.51% | ||
Starting investment: | $10,000.00 | ||
Ending investment: | $15,542.68 | ||
Years: | 10.00 |
About Gabelli Equity Trust |
The Gabelli Equity Trust is registered as a non-diversified, closed-end management investment company. The Fund's primary objective is long-term growth of capital, with income as a secondary objective. According to our GAB split history records, Gabelli Equity Trust has had 3 splits. |
GAB Split History Table | |
Date | Ratio |
07/12/1999 | 11 for 10 |
09/17/2014 | 1023 for 1000 |
11/03/2017 | 1008 for 1000 |
Financials Stock Splits |
GAB is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:
GABC Split History Also explore: GAB shares outstanding history
Free GAB Email Alerts:
|
GAB Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved
Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.Want to receive our latest research absolutely free?
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 9.5%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 9.5%.