|Free Dividend Report|
|STE Dividend History|
|STE Stock Split History|
|Preferred Stock Newsletter|
|STE Options Chain|
|Stock Message Boards|
STERIS (STE) has 2 splits in our STERIS stock split history database. The first split for STE took place on August 25, 1995. This was a 2 for 1 split, meaning for each share of STE 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. STE's second split took place on August 25, 1998. This was a 2 for 1 split, meaning for each share of STE 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 STERIS 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 STERIS stock 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 STERIS shares, starting with a $10,000 purchase of STE, presented on a split-history-adjusted basis factoring in the complete STERIS stock split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||16.11%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||15.10%|
|STERIS is a provider of infection prevention and other procedural products and services. Co. has four segments: Healthcare Products, which provides a portfolio of infection prevention, procedural and gastrointestinal solutions including consumable products, equipment maintenance and installation services; Healthcare Specialty Services, which provides a range of solutions and managed services including hospital sterilization services and instrument and scope repairs; Life Sciences, which designs, manufactures and sells consumable products, equipment maintenance, other services and capital equipment; and Applied Sterilization Technologies, which provides contract sterilization services. According to our STERIS stock split history records, STERIS has had 2 splits.|
|STE Split History Table|
|08/25/1995||2 for 1|
|08/25/1998||2 for 1|
|Healthcare Stock Splits|
|STE is categorized under the Healthcare sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: STE shares outstanding history