|Free Dividend Report|
|Stock Splits Calendar|
|HNP Stock Split History|
|Preferred Stock Newsletter|
|HNP Options Chain|
|Stock Message Boards|
Huaneng Power International (HNP) has 1 split in our HNP split history database. The split for HNP took place on May 26, 2004. This was a 2 for 1 split, meaning for each share of HNP 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.
When a company such as Huaneng Power International 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 HNP split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Huaneng Power International shares, starting with a $10,000 purchase of HNP, presented on a split-history-adjusted basis factoring in the complete HNP split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||0.36%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||2.26%|
|About Huaneng Power International|
|Huaneng Power International is an independent power producer. Co.'s operations in China is engaged in developing, constructing, operating and managing large scale coal-fired and gas turbine power plants, new energy power projects and related facilities. Co.'s operations in Singapore is engaged in the business of generation, wholesale and retail of power and other relating utilities conducted through Tuas Power Ltd., one of its wholly owned business units. Co.'s operations in Pakistan is engaged in the business of generation, wholesale and retail of power and other relating utilities through its subsidiaries, Huaneng Shandong Ruyi (Pakistan) Energy (Private) Co., Ltd., among others. According to our HNP split history records, Huaneng Power International has had 1 split.|
|HNP Split History Table|
|05/26/2004||2 for 1|
|Utilities Stock Splits|
|HNP is categorized under the Utilities sector; below are some other companies in the same sector that also have a history of stock splits:|