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|PHM Dividend History|
|PHM Stock Split History|
|Preferred Stock Newsletter|
|PHM Options Chain|
|PHM Message Board|
PulteGroup (PHM) has 3 splits in our PulteGroup stock split history database. The first split for PHM took place on June 02, 1998. This was a 2 for 1 split, meaning for each share of PHM 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. PHM's second split took place on January 05, 2004. This was a 2 for 1 split, meaning for each share of PHM 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. PHM's third split took place on September 02, 2005. This was a 2 for 1 split, meaning for each share of PHM owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split.
When a company such as PulteGroup 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 PulteGroup stock split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into PulteGroup shares, starting with a $10,000 purchase of PHM, presented on a split-history-adjusted basis factoring in the complete PulteGroup stock split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||24.65%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||23.91%|
|PulteGroup, through its subsidiaries, is engaged primarily in the homebuilding business. Co. also has financial services businesses, including mortgage banking, conducted principally through its subsidiary, Pulte Mortgage LLC, title, and insurance brokerage operations. Co.'s homebuilding business includes the acquisition and development of land primarily for residential purposes within the U.S. and the construction of housing on such land. Co.'s brands include Centex, Pulte Homes, Del Webb, DiVosta Homes, John Wieland Homes and Neighborhoods, and American West. Co. predominantly sells single-family detached homes. Co. also sells attached homes, such as townhomes, condominiums, and duplexes. According to our PulteGroup stock split history records, PulteGroup has had 3 splits.|
|PHM Split History Table|
|06/02/1998||2 for 1|
|01/05/2004||2 for 1|
|09/02/2005||2 for 1|
|Services Stock Splits|
|PHM 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: PHM shares outstanding history