|Free Dividend Report|
|RICK Dividend History|
|RICK Stock Split History|
|Preferred Stock Newsletter|
|RICK Options Chain|
|RICK Message Board|
RCI Hospitality Holdings (RICK) has 1 split in our RICK split history database. The split for RICK took place on March 16, 1999. This was a 1 for 2 reverse split, meaning for each 2 shares of RICK 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 RCI Hospitality Holdings 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 RICK 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 RCI Hospitality Holdings shares, starting with a $10,000 purchase of RICK, presented on a split-history-adjusted basis factoring in the complete RICK split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||13.48%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||13.36%|
|About RCI Hospitality Holdings|
|RCI Hospitality Holdings is a holding company. Through its subsidiaries, Co. is engaged in the hospitality and related businesses. Co.'s reportable segments include: Nightclubs, which owns and/or operates adult nightclubs serving primarily businessmen and personnel, and also owns and operates a Studio 80 dance club; and Bombshells, which owns and operates restaurants and sports bars under the brand name Bombshells Restaurant & Bar. Co.'s subsidiaries own a media division, including the trade magazine serving the adult nightclubs industry and the adult retail products industry. Co. also owns an industry trade show, an industry trade publication and various industry and social media websites. According to our RICK split history records, RCI Hospitality Holdings has had 1 split.|
|RICK Split History Table|
|03/16/1999||1 for 2|
|Services Stock Splits|
|RICK is categorized under the Services sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: RICK shares outstanding history