Home |
Free Dividend Report |
Stock Splits Calendar |
RDNT Stock Split History |
Preferred Stock Newsletter |
RDNT Options Chain |
Stock Message Boards |
RadNet (RDNT) has 1 split in our RDNT split history database. The split for RDNT took place on November 28, 2006. This was a 1 for 2 reverse split, meaning for each 2 shares of RDNT owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 500 share position following the split.
When a company such as RadNet conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the RDNT split history from start to finish, an original position size of 1000 shares would have turned into 500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into RadNet shares, starting with a $10,000 purchase of RDNT, presented on a split-history-adjusted basis factoring in the complete RDNT split history.
Growth of $10,000.00 Without Dividends Reinvested |
||
Start date: | 10/09/2014 | |
End date: | 10/07/2024 | |
Start price/share: | $7.63 | |
End price/share: | $66.96 | |
Dividends collected/share: | $0.00 | |
Total return: | 777.01% | |
Average Annual Total Return: | 24.24% | |
Starting investment: | $10,000.00 | |
Ending investment: | $87,674.37 | |
Years: | 10.00 |
About RadNet |
RadNet is a provider of freestanding, fixed-site outpatient diagnostic imaging services. Co. operates directly or indirectly through joint ventures with hospitals, various centers located in Arizona, California, Delaware, Florida, Maryland, New Jersey, and New York. Co.'s centers provide physicians with imaging capabilities to facilitate the diagnosis and treatment of diseases and disorders. Co.'s services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, fluoroscopy and other related procedures. According to our RDNT split history records, RadNet has had 1 split. |
RDNT Split History Table | |
Date | Ratio |
11/28/2006 | 1 for 2 |
Healthcare Stock Splits |
RDNT is categorized under the Healthcare sector; below are some other companies in the same sector that also have a history of stock splits:
RDY Split History Also explore: RDNT shares outstanding history
Free RDNT Email Alerts:
|
RDNT 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 8.3%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.3%.