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|INTU Dividend History|
|INTU Stock Split History|
|Preferred Stock Newsletter|
|INTU Options Chain|
|Stock Message Boards|
Intuit (INTU) has 3 splits in our Intuit stock split history database. The first split for INTU took place on August 22, 1995. This was a 2 for 1 split, meaning for each share of INTU 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. INTU's second split took place on October 01, 1999. This was a 3 for 1 split, meaning for each share of INTU owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 6000 share position following the split. INTU's third split took place on July 07, 2006. This was a 2 for 1 split, meaning for each share of INTU owned pre-split, the shareholder now owned 2 shares. For example, a 6000 share position pre-split, became a 12000 share position following the split.
When a company such as Intuit 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 Intuit stock split history from start to finish, an original position size of 1000 shares would have turned into 12000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Intuit shares, starting with a $10,000 purchase of INTU, presented on a split-history-adjusted basis factoring in the complete Intuit stock split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||21.18%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||20.67%|
|Intuit helps consumers, small businesses, and the self-employed prosper by delivering financial management and compliance products and services. Co. also provides tax products to accounting personnels, who are main partners that help Co. serves small business customers. Co. organizes its businesses into three reportable segments: Small Business and Self-Employed, which provides QuickBooks financial management solutions to solve financial and compliance problems; Consumer, which includes TurboTax products and services to prepare and file income tax returns; and Strategic Partner, which includes professional tax offerings and serve professional accountants in United States and Canada. According to our Intuit stock split history records, Intuit has had 3 splits.|
|INTU Split History Table|
|08/22/1995||2 for 1|
|10/01/1999||3 for 1|
|07/07/2006||2 for 1|
|Technology Stock Splits|
|INTU is categorized under the Technology sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: INTU shares outstanding history