LAKE Split History

Lakeland Industries (LAKE) has 4 splits in our LAKE split history database. The first split for LAKE took place on July 29, 2002. This was a 11 for 10 split, meaning for each 10 shares of LAKE owned pre-split, the shareholder now owned 11 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split. LAKE's second split took place on July 29, 2003. This was a 11 for 10 split, meaning for each 10 shares of LAKE owned pre-split, the shareholder now owned 11 shares. For example, a 1100 share position pre-split, became a 1210 share position following the split. LAKE's third split took place on April 27, 2005. This was a 11 for 10 split, meaning for each 10 shares of LAKE owned pre-split, the shareholder now owned 11 shares. For example, a 1210 share position pre-split, became a 1331 share position following the split. LAKE's 4th split took place on July 31, 2006. This was a 11 for 10 split, meaning for each 10 shares of LAKE owned pre-split, the shareholder now owned 11 shares. For example, a 1331 share position pre-split, became a 1464.1 share position following the split.

When a company such as Lakeland Industries 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 LAKE split history from start to finish, an original position size of 1000 shares would have turned into 1464.1 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Lakeland Industries shares, starting with a $10,000 purchase of LAKE, presented on a split-history-adjusted basis factoring in the complete LAKE split history.

Growth of $10,000.00 With Dividends Reinvested
Start date:	06/11/2013
End date:	06/09/2023
Start price/share:	$4.87
End price/share:	$13.37
Starting shares:	2,053.39
Ending shares:	2,062.98
Dividends reinvested/share:	$0.06
Total return:	175.82%
Average Annual Total Return:	10.68%
Starting investment:	$10,000.00
Ending investment:	$27,586.18
Years:	10.00

Growth of $10,000.00 Without Dividends Reinvested
Start date:	06/11/2013
End date:	06/09/2023
Start price/share:	$4.87
End price/share:	$13.37
Dividends collected/share:	$0.06
Total return:	175.77%
Average Annual Total Return:	10.68%
Starting investment:	$10,000.00
Ending investment:	$27,586.18
Years:	10.00

About Lakeland Industries

Lakeland Industries manufactures and sells a line of protective clothing and accessories for the industrial and public protective clothing market. Co.'s products include: Firefighting and Heat Protective Apparel, which manufactures a line of structural firefighter protective apparel (turnout gear) for domestic and foreign fire departments; Chemical Protective Suits, which manufactures and sells heavy duty chemical protective suits and protective apparel from its proprietary CRFR, ChemMax® 3, 4, Interceptor and other fabrics; and Limited Use/Disposable Protective Clothing, which manufactures a line of limited use/disposable protective garments, including coveralls, pants, caps and smocks. According to our LAKE split history records, Lakeland Industries has had 4 splits.