Split History
| Home |
| Free Dividend Report |
| Stock Splits Calendar |
| TE Stock Split History |
| Preferred Stock Newsletter |
| TE Options Chain |
| TE Message Board |
TE (TE) has 2 splits in our TE split history database. The first split for TE took place on August 17, 1987. This was a 2 for 1 split, meaning for each share of TE 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. TE's second split took place on August 31, 1993. This was a 2 for 1 split, meaning for each share of TE 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 TE 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 TE 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 TE shares, starting with a $10,000 purchase of TE, presented on a split-history-adjusted basis factoring in the complete TE split history.
No data found
 |
| About TE |
| TECO Energy is a holding company for regulated utilities and other businesses. Co. holds the common stock of Tampa Electric Company (TEC) and, through its subsidiaries, New Mexico Gas Intermediate, Inc., owns New Mexico Gas Company, Inc. (NMGC). TEC has two business segments: Tampa Electric, which is engaged in the generation, purchase, transmission, distribution and sale of electric energy; and Peoples Gas System, which is engaged in the purchase, distribution and sale of natural gas for residential, commercial, industrial and electric power generation customers. NMGC is engaged in the purchase, distribution and sale of natural gas for residential, commercial and industrial customers. According to our TE split history records, TE has had 2 splits. |
| TE Split History Table | |
| Date | Ratio |
| 08/17/1987 | 2 for 1 |
| 08/31/1993 | 2 for 1 |
| Utilities Stock Splits |
| TE is categorized under the Utilities sector; below are some other companies in the same sector that also have a history of stock splits:
UGI Split History
|
Free TE Email Alerts:
TE 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%.