|Free Dividend Report|
|YORW Dividend History|
|YORW Stock Split History|
|Preferred Stock Newsletter|
|YORW Options Chain|
|Stock Message Boards|
York Water (YORW) has 2 splits in our YORW split history database. The first split for YORW took place on May 21, 2002. This was a 2 for 1 split, meaning for each share of YORW 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. YORW's second split took place on September 12, 2006. This was a 3 for 2 split, meaning for each 2 shares of YORW owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 3000 share position following the split.
When a company such as York Water 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 YORW split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into York Water shares, starting with a $10,000 purchase of YORW, presented on a split-history-adjusted basis factoring in the complete YORW split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||10.02%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||9.41%|
|About York Water|
|York Water is an investor-owned water utility. The primary business of Co. is to impound, purify and distribute water. Co. also owns and operates several wastewater collection systems and wastewater collection and treatment systems. Co. operates within its franchised water and wastewater territory, which covers portions of municipalities within various counties in south-central Pennsylvania. Co. is regulated by the Pennsylvania Public Utility Commission for both water and wastewater in the areas of billing, payment procedures, dispute processing, terminations, service territory, debt and equity financing and rate setting. Water service is supplied through Co.'s own distribution system. According to our YORW split history records, York Water has had 2 splits.|
|YORW Split History Table|
|05/21/2002||2 for 1|
|09/12/2006||3 for 2|
|Utilities Stock Splits|
|YORW is categorized under the Utilities sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: YORW shares outstanding history