Nike has been a top performer since its 1980 IPO.
If you had bought one share of Nike (NKE -0.64%) when it went public in 1980, you’d be sitting on a monster return right now.
As you can see from the chart below, the stock has trounced the S&P 500 over its history. It’s up roughly 45,600% since then, despite poor performance in recent years.
NKE data by YCharts.
Like most top-performing stocks, Nike has also issued a number of stock splits over its history, as its current share price is under $100.
To see how many shares you’d have now if you’d bought Nike at its IPO, you need to know its stock split history.
Nike’s stock split history
The chart below shows Nike’s stock splits over time.
| Stock split date | Size of stock split | # 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.
As you can see from the chart, if you had bought just one share of Nike at its IPO, you would have 128 shares today. At its current price of $82, you would own $10,496 in Nike stock. That’s not a bad gain from Nike’s IPO price of $22 a share.
However, that wouldn’t be your only source of gains. You’d also have a nice chunk of dough from Nike’s dividends. Nike first started paying a dividend in 1985, and raised it every year since 2004. Nike stock has typically offered a dividend yield of 1% to 2%.
While it’s difficult to tabulate exactly how much in dividends you would have over that history, according to Nike, you would have collected about $13 a share in dividend income if you had started investing in 1995.
Based on that figure and 128 shares after all the splits, you’d have earned more than $1,664 in dividend income if you had bought one share at the IPO.
