Quote:
Originally Posted by GregWeld
Okay -- but here's the REAL splits for Coke since 1919.... so my math is TAME compared to the actual numbers!
The Coca-Cola Co. is seeking its first stock split in 16 years. Here's a look at the beverage maker's 10 other stock splits in history, along with the price of the stock before the split.
1919 – Shares begin trading at $40 per share.
1927 – 2-for-1 split – $199.50
1935 – 4-for-1 split – $290
1960 – 3-for-1 split – $153.75
1965 – 2-for-1 split – $146.50
1968 – 2-for-1 split – $155
1977 – 2-for-1 split – $73.75
1986 – 3-for-1 split – $117
1990 – 2-for-1 split – $76.75
1992 – 2-for-1 split – $82.88
1996 – 2-for-1 split – $81.75
2012 – Coke seeks 2-for-1 split. Shares closed at $74.12 Tuesday
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"If the latest proposed split is approved, the company noted that a single share purchased in 1919 for $40 would be worth more than 9,000 shares and $341,545. If dividends were reinvested annually, the share would be worth $9.8 million.
Huge difference in the amount it's worth with the reinvested dividend. The power of compounding is amazing.