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|MDCI Stock Split History|
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MDCI (MDCI) has 1 split in our MDCI split history database. The split for MDCI took place on February 09, 2007. This was a 3 for 2 split, meaning for each 2 shares of MDCI 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.
When a company such as MDCI 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 MDCI split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into MDCI shares, starting with a $10,000 purchase of MDCI, presented on a split-history-adjusted basis factoring in the complete MDCI split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||42.52%|
|Medical Action Industries develops, manufactures, markets and supplies a range of disposable medical products. Co. has two product lines: clinical care and patient care. Co.'s clinical care products include custom procedure trays, minor procedure kits and trays, operating room disposables and sterilization products, and dressings and surgical sponges. Co.'s patient care products include patient bedside products, containment systems for medical waste and laboratory products. Co.'s products are marketed primarily to acute care facilities. Co. also provides original equipment manufacturer products under private label programs to supply chain partners and medical suppliers. According to our MDCI split history records, MDCI has had 1 split.|
|MDCI Split History Table|
|02/09/2007||3 for 2|
|Healthcare Stock Splits|
|MDCI is categorized under the Healthcare sector; below are some other companies in the same sector that also have a history of stock splits:|