Howard Schultz was on CNBC this morning --- pitching Starbucks (SBUX) new coffee machine. When guys like this come on and do the talking head thing - I often just go and see how well (or not) the stock has done... this one was interesting.
If you'd bought Starbucks stock on the IPO in the summer of 1992 --- you'd now own their shares at .89 a share..... and you'd be collecting a 1.35 per year dividend..... so like Warren Buffett and Coke (KO)... where he gets his investment back each year in dividends.
Their stock has split 5 times -- each time 2 for 1 -- so for every one share you'd have bought - you'd now have 32.... AND for every share you'd have bought at the IPO price of $14 --- you'd now have 32 share with a cost of .89 that are now trading at $50. A mere 7395% gain.
Not bad for a 20 year hold.
