Tuesday, June 19, 2007
Aflac: Something to Quack About
Aflac (AFL) is based in Columbus, Georgia and has a wonderful story, for its investors especially. Kenneth Janke, head of investor relations for AFL, reports "Investors who purchased 100 shares in 1955 when Aflac was founded paid $1,110. As a result of 28 stock dividends or splits, those 100 shares had grown to 187,980 shares valued at $9.6 million at the end of April 2007. In addition, those early investors would receive approximately $150,300 in cash dividends in 2007."
Subscribe to:
Post Comments (Atom)
MSFT - Revising my Misconceptions
I have been listening to an outstanding podcast that can be found at www.acquired.fm. A recent episode focused on the history of MSFT which ...
-
The major pharmaceutical companies, collectively known as Big Pharma, are often criticized for not enough new drugs and too much marketing. ...
-
Soon to be former CEO of Home Depot (HD) Robert Nardelli has been heavily criticized for his excessive compensation. My voice has certainly ...
-
My first post was on IBM's decision to freeze its pension plan. Subsequently I posted on the GAO's study of pension plan underfundin...
No comments:
Post a Comment