If you had bought one share of Nike (NKE -0.58%) at its IPO in 1980, you’d have made a huge profit. The stock has risen about 45,600% since then, significantly outperforming the S&P 500, even with recent dips.
Nike has had multiple stock splits over the years. Today, its share price is under $100, but if you had bought one share at the IPO, you’d want to check the stock split history.
Nike’s Stock Split History
The table below lists Nike’s stock splits:
| Date | Split Ratio | # of Shares After Split |
|---|---|---|
| 1/5/83 | 2-for-1 | 2 |
| 10/5/90 | 2-for-1 | 4 |
| 10/30/95 | 2-for-1 | 8 |
| 10/23/96 | 2-for-1 | 16 |
| 4/2/07 | 2-for-1 | 32 |
| 12/24/12 | 2-for-1 | 64 |
| 12/23/15 | 2-for-1 | 128 |
Data source: Nike.
Buying one share at IPO means you’d have 128 shares today. At the current price of $82, your Nike stock would be worth $10,496, a good return from the IPO price of $22 a share.
Additionally, Nike has paid dividends since 1985, increasing them annually since 2004, usually yielding 1% to 2%.
From 1995 onwards, you could have earned an estimated $13 per share in dividends. For 128 shares, that totals over $1,664 in dividends if you invested at the IPO.
`
