KDN Split History

KDN (KDN) has 2 splits in our KDN split history database. The first split for KDN took place on May 18, 1992. This was a 2 for 1 split, meaning for each share of KDN 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. KDN's second split took place on October 22, 1997. This was a 2 for 1 split, meaning for each share of KDN 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 KDN 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 KDN 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 KDN shares, starting with a $10,000 purchase of KDN, presented on a split-history-adjusted basis factoring in the complete KDN split history.

Growth of $10,000.00 Without Dividends Reinvested
Start date:	09/24/2013
End date:	10/16/2013
Start price/share:	$35.50
End price/share:	$35.49
Dividends collected/share:	$0.00
Total return:	-0.03%
Annualized Gain:	-0.47%
Starting investment:	$10,000.00
Ending investment:	$9,997.00
Years:	0.06

About KDN

Kaydon is a designer and manufacturer of custom engineered products. Co.'s principal products include bearings and components, filters and filter housings, custom rings, shaft seals, linear deceleration and vibration isolation products, specialty balls, fuel cleansing systems, gas-phase air filtration systems and replacement media, industrial presses and metal alloy products. Co.'s products are used by customers in a variety of aerospace, defense, specialized robotics, medical, alternative energy, material handling, machine tool positioning, security, electronic and other industrial applications. According to our KDN split history records, KDN has had 2 splits.