|Free Dividend Report|
|HNI Dividend History|
|HNI Stock Split History|
|Preferred Stock Newsletter|
|HNI Options Chain|
|Stock Message Boards|
HNI (HNI) has 2 splits in our HNI split history database. The first split for HNI took place on July 03, 1990. This was a 2 for 1 split, meaning for each share of HNI 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. HNI's second split took place on March 30, 1998. This was a 2 for 1 split, meaning for each share of HNI 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 HNI 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 HNI 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 HNI shares, starting with a $10,000 purchase of HNI, presented on a split-history-adjusted basis factoring in the complete HNI split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||9.29%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||8.27%|
|HNI is a provider of workplace furnishings and residential building products. Workplace furnishings include furniture systems, seating, storage, tables, and architectural products. Co. designs, manufactures, and markets a range of workplace furnishings. Co. provides a line of office panel system products, benching, tables, storage, and social collaborative products. Residential building products include a range of gas, wood, electric, and pellet fueled fireplaces, inserts, stoves, facings, and accessories. Co. is a manufacturer and marketer of prefabricated fireplaces, hearth stoves, and related products. These products are primarily for the home. According to our HNI split history records, HNI has had 2 splits.|
|HNI Split History Table|
|07/03/1990||2 for 1|
|03/30/1998||2 for 1|
|Industrials Stock Splits|
|HNI 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: HNI shares outstanding history