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⭐️ Stocks of Coca-Cola
• The Coca-Cola Company (KO) was purchased for
$25 million in 1919 by a team of businessmen
led by Ernest Woodruff.
• Later that year, Coca-
Cola made its initial public offering (IPO) for $ 40 per share.
• Coca-Cola's stock has split 11 times since its IPO.
• By splitting the stock, Coca-Cola has consistently kept its share price low enough to attract all levels of investors.
• Coca-Cola has paid a quarterly dividend since 1920.
• If you had invested $40 into a single share of
Coca-Cola in 1919 during the IPO, you own 9,216
shares after all the stock splits over the years.
• This equates to $394,500 as of March 26, 2020.
• If you had reinvested dividends, your investment would be worth over $10 million.
• This represents a compound annual growth rate (CAGR) of 14.27% from 1919 to 2012.
• Coca-Cola is one of only 16 companies in the U.S. that have increased their dividend payments every year for the past 57 years.
Nathan Buehler
@FinancialFreedomMagazine