What Ever Happened to the Stock Split? - Real Time Insight

By
A A A

On Oct 21, V.F. Corporation, which owns North Face, Timberland and Lee jeans, among other brands, reported earnings which easily beat the Zacks Consensus Estimate. It announced it was raising its dividend 21%.

But V.F. surprised Wall Street by also announcing a 4-for-1 stock split.

Remember those?

Shares were trading around $210 at the time of the announcement.

When was the last time you heard about a company splitting its shares?

Share splits seems to be a rare occurrence these days even with stocks at record highs. And it's not like there aren't plenty of other companies whose shares are over $200.

Here's a list of just some of the highest priced stocks:

CF Industries (CF):        $208
LinkedIn (LNKD):           $241

W.W. Grainger (GWW): $265
NewMarket (NEU):         $308
Netflix (NFLX):               $328
AutoZone (AZO):            $428

Apple (AAPL):               $527
MasterCard (MA):          $723
Google (GOOG):           $1016
Priceline (PCLN):          $1073

As an investor, are you drawn in by a high stock price?

Or does it discourage you from buying shares?



GOOGLE INC-CL A (GOOG): Free Stock Analysis Report

PRICELINE.COM (PCLN): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , Stocks

Referenced Stocks: CF , GWW , LNKD , NEU , NFLX

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Stocks

Referenced

Most Active by Volume

66,070,048
  • $118.16 ▼ 2.59%
58,280,988
  • $17.735 ▼ 0.81%
53,515,470
  • $5.16 ▲ 9.32%
45,461,222
  • $29.235 ▼ 5.72%
44,721,635
  • $3.34 ▼ 0.89%
40,420,205
  • $6.345 ▼ 6.69%
30,838,171
  • $13.55 ▲ 60.55%
30,430,699
  • $19.01 ▲ 2.70%
As of 8/3/2015, 03:59 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com