Split History
| Home |
| Free Dividend Report |
| MCY Dividend History |
| MCY Stock Split History |
| Preferred Stock Newsletter |
| MCY Options Chain |
| Stock Message Boards |
Mercury General (MCY) has 2 splits in our MCY split history database. The first split for MCY took place on September 14, 1992. This was a 2 for 1 split, meaning for each share of MCY 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. MCY's second split took place on October 10, 1997. This was a 2 for 1 split, meaning for each share of MCY 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 Mercury General 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 MCY 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 Mercury General shares, starting with a $10,000 purchase of MCY, presented on a split-history-adjusted basis factoring in the complete MCY split history.
|
Growth of $10,000.00 With Dividends Reinvested |
|||
| Start date: | 04/22/2014 | ||
| End date: | 04/18/2024 | ||
| Start price/share: | $47.01 | ||
| End price/share: | $52.67 | ||
| Starting shares: | 212.72 | ||
| Ending shares: | 338.62 | ||
| Dividends reinvested/share: | $22.87 | ||
| Total return: | 78.35% | ||
| Average Annual Total Return: | 5.96% | ||
| Starting investment: | $10,000.00 | ||
| Ending investment: | $17,838.18 | ||
| Years: | 10.00 | ||
|
Growth of $10,000.00 Without Dividends Reinvested |
|||
| Start date: | 04/22/2014 | ||
| End date: | 04/18/2024 | ||
| Start price/share: | $47.01 | ||
| End price/share: | $52.67 | ||
| Dividends collected/share: | $22.87 | ||
| Total return: | 60.69% | ||
| Average Annual Total Return: | 4.86% | ||
| Starting investment: | $10,000.00 | ||
| Ending investment: | $16,070.97 | ||
| Years: | 10.00 | ||
 |
| About Mercury General |
| Mercury General is an insurance holding company. Through its insurance subsidiaries, Co. writes personal automobile insurance. Co. also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance. Co. provides the following types of automobile coverage: collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards. Co. provides the following types of homeowners coverage: dwelling, liability, personal property, fire, and other hazards. Co. sells its policies through a network of independent agents, its insurance agencies, and directly through internet sales portals. According to our MCY split history records, Mercury General has had 2 splits. |
| MCY Split History Table | |
| Date | Ratio |
| 09/14/1992 | 2 for 1 |
| 10/10/1997 | 2 for 1 |
| Financials Stock Splits |
| MCY is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:
MDLY Split History Also explore: MCY shares outstanding history
|
Free MCY Email Alerts:
MCY Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved
Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.
Want to receive our latest research absolutely free?
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.