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|SCVL Stock Split History|
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Shoe Carnival (SCVL) has 3 splits in our SCVL split history database. The first split for SCVL took place on October 25, 1993. This was a 4 for 3 split, meaning for each 3 shares of SCVL owned pre-split, the shareholder now owned 4 shares. For example, a 1000 share position pre-split, became a 1333.33333333333 share position following the split. SCVL's second split took place on April 30, 2012. This was a 3 for 2 split, meaning for each 2 shares of SCVL owned pre-split, the shareholder now owned 3 shares. For example, a 1333.33333333333 share position pre-split, became a 2000 share position following the split. SCVL's third split took place on July 20, 2021. This was a 2 for 1 split, meaning for each share of SCVL 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 Shoe Carnival 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 SCVL 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 Shoe Carnival shares, starting with a $10,000 purchase of SCVL, presented on a split-history-adjusted basis factoring in the complete SCVL split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||7.38%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||6.77%|
|About Shoe Carnival|
|Shoe Carnival is a family footwear retailer. Co. operats under two banners: Shoe Carnival and Shoe Station. Co.'s product assortment, whether shopping in a physical store or on its e-commerce platform, includes dress, casual, and work shoes, sandals, boots and a wide assortment of athletic shoes. Co.'s physical store carries shoes in two general categories – athletics and non-athletics with subcategories for men's, women's, and children's, as well as a broad range of accessories. Co. operated several stores in several states and Puerto Rico and provided online shopping at www.shoecarnival.com. According to our SCVL split history records, Shoe Carnival has had 3 splits.|
|SCVL Split History Table|
|10/25/1993||4 for 3|
|04/30/2012||3 for 2|
|07/20/2021||2 for 1|
|Services Stock Splits|
|SCVL 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: SCVL shares outstanding history