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|TXRH Dividend History|
|TXRH Stock Split History|
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Texas Roadhouse (TXRH) has 1 split in our TXRH split history database. The split for TXRH took place on September 26, 2005. This was a 2 for 1 split, meaning for each share of TXRH 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.
When a company such as Texas Roadhouse 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 TXRH split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Texas Roadhouse shares, starting with a $10,000 purchase of TXRH, presented on a split-history-adjusted basis factoring in the complete TXRH split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||11.58%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||11.46%|
|About Texas Roadhouse|
|Texas Roadhouse is a restaurant company operating predominately in the casual dining segment. Co. operates Texas Roadhouse restaurants and Bubba's 33 restaurants. In addition, Co. operates restaurants outside of the casual dining segment. The Texas Roadhouse restaurants provide an assortment of steaks hand-cut on the premises and cooked to order over open grills. In addition to steaks, Co. also provides its guests a selection of ribs, seafood, chicken, pork chops, pulled pork and vegetable plates, hamburgers, salads and sandwiches. Bubba's 33 is a sports restaurant. Co.'s menu features burgers, pizza and wings as well as a variety of appetizers, sandwiches and dinner entrees. According to our TXRH split history records, Texas Roadhouse has had 1 split.|
|TXRH Split History Table|
|09/26/2005||2 for 1|
|Services Stock Splits|
|TXRH 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: TXRH shares outstanding history