When a company such as Hubbell 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 HUBB 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 Hubbell shares, starting with a $10,000 purchase of HUBB, presented on a split-history-adjusted basis factoring in the complete HUBB split history.

About Hubbell

Hubbell is a manufacturer of electrical products and utility solutions. Co.'s Electrical Solutions segment sells stock and custom products including application wiring device products, electrical products, connector and grounding products, and lighting fixtures, as well as other electrical equipment. Co.'s Utility Solutions segment consists of businesses that design, manufacture, and sell a variety of electrical distribution, transmission, substation, and telecommunications products, which support applications In Front of the Meter. This includes utility transmission & distribution components such as arresters, insulators, connectors, anchors, bushings, and enclosures. According to our HUBB split history records, Hubbell has had 1 split.

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