How much did Coca-Cola raise through the first IPO?

Entry to the NYSE Later that year, Coca-Cola made its initial public offering (IPO) on the New York Stock Exchange (NYSE), for $40 per share. As of the 2016 annual report, Coca-Cola shares have risen so that the company’s market capitalization is roughly $180 billion, and has had 53 consecutive dividend increases.

What was the share price of Coca-Cola in 1988?

On January 15, 1988, KO stock sold for $2.45 per share. As of March 26, 2018, KO stock is worth about 17.4 times what it was when Buffett made his famous purchase in 1988, with shares selling for $42.70 each, accounting for dividends.

How much did Buffett invest in Coke?

After two stock splits, the share count is now 400 million, but Berkshire’s cost basis has remained $1.3 billion since 1994. As of year-end 2020, the investment was worth $21.5 billion, a return of 1550%, not including dividends. (Berkshire owns 9.3% of all Coke shares outstanding as of 2020 year-end.)

When did Warren Buffett first invest in Coca-Cola?

Coca-Cola a risky bet. Berkshire first bought Coke stock from 1988 to 1989, scooping up over 23 million shares. When Buffett first started buying in the first quarter, many investors were still skittish from the Black Monday crash in October 1987.

Is Coca-Cola a good stock buy?

The Coca-Cola Company (NYSE:KO) is not the most popular stock in this group but hedge fund interest is still above average. Our overall hedge fund sentiment score for KO is 69.3. These stocks gained 17.2% in 2021 through June 11th and beat the market again by 3.3 percentage points.

Is Coca-Cola a good stock?

The Coca-Cola dividend Those who buy at the current stock price will receive a yield of about 3.1%, more than double the current S&P 500 average yield of around 1.4%. For this reason, some count Coca-Cola among the safest dividend stocks in the world.

When did Coca Cola first go on the stock market?

By the time the company sold shares to the public in 1919, Coca-Cola was opening bottling plants around the world from the Philippines to Europe. Coca-Cola’s initial public offering (IPO) was on Sept. 5, 1919. Shares of the company were first sold at $40 per share. The stock has split 11 times over the years, including one stock dividend in 1927.

How much money would you have made if you invested in Coca Cola?

Image source: Coca-Cola. A $1,000 investment in Coke stock at the IPO price would have purchased 25 shares. After all the stock splits, you would own 230,400 shares worth $12,165,120. Not bad for a company that started with a single drink served at Jacobs’ Pharmacy in Atlanta 133 years ago.

What was the IPO price for Coca Cola?

Coca-Cola’s initial public offering (IPO) was on Sept. 5, 1919. Shares of the company were first sold at $40 per share. The stock has split 11 times over the years, including one stock dividend in 1927. Unfortunately, a stock split is not free money.

How long has Coca Cola been a public company?

Having reinvested dividends, owning one IPO share of Coca-Cola stock would’ve returned over $10 million. The company has increased its dividend every year for the last 57 years. Long before its IPO, Coca-Cola was created in 1886 by an Atlanta pharmacist, Dr. John S. Pemberton.

Later that year, Coca-Cola made its initial public offering (IPO) for $40 per share. If you had invested $40 into a single share of Coca-Cola in 1919 during the IPO, your investment would be worth $394,352 today.

How many times has Coca Cola split its stock?

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. An investor who purchased a single share of Coca-Cola in 1919 would now hold 9,216 shares. Coca-Cola has paid a quarterly dividend since 1920.