HVT Split History

Haverty Furniture Cos. (HVT) has 2 splits in our HVT split history database. The first split for HVT took place on July 01, 1993. This was a 3 for 2 split, meaning for each 2 shares of HVT 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. HVT's second split took place on August 26, 1999. This was a 2 for 1 split, meaning for each share of HVT owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split.

When a company such as Haverty Furniture Cos. 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 HVT split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Haverty Furniture Cos. shares, starting with a $10,000 purchase of HVT, presented on a split-history-adjusted basis factoring in the complete HVT split history.

Growth of $10,000.00 With Dividends Reinvested
Start date:	06/11/2013
End date:	06/09/2023
Start price/share:	$24.96
End price/share:	$28.55
Starting shares:	400.64
Ending shares:	710.07
Dividends reinvested/share:	$14.71
Total return:	102.73%
Average Annual Total Return:	7.32%
Starting investment:	$10,000.00
Ending investment:	$20,267.80
Years:	10.00

Growth of $10,000.00 Without Dividends Reinvested
Start date:	06/11/2013
End date:	06/09/2023
Start price/share:	$24.96
End price/share:	$28.55
Dividends collected/share:	$14.71
Total return:	73.32%
Average Annual Total Return:	5.65%
Starting investment:	$10,000.00
Ending investment:	$17,325.87
Years:	10.00

About Haverty Furniture Cos.

Haverty Furniture Companies is a retailer of residential furniture and accessories. Co. carries mattress product lines such as Tempur-Pedic®, Serta®, Sealy® and Stearns and Foster®. Co. also provides financing by a third-party finance companies. Co. operates stores in various states in the Southern and Midwest regions. All of Co.'s retail locations are operated using the Havertys name and it does not franchise its stores. According to our HVT split history records, Haverty Furniture Cos. has had 2 splits.