Ticker Sense answers a question I've thought about many times--"What kind of return would one have gotten if they had held AT&T in 1983, and continued to hold the post-breakup shares through all their mergers, spinoffs, and permutations?"
After all is said and done however (and with the help of our Bloomberg terminal), we calculate that the investment which was worth $30,750 then would now be worth around $123,000 spanning a portfolio of 10 different stocks. Over the same period the investment in the S&P 500 would now be worth $239,000.
Definitely, click the link for a fascinating chart/timeline showing the evolution of A&T shares.
This is awesome, well done guys.
(Question: Hmm, I'm wondering if the Tickersense chart took into account dividend yields from those early Bell shares? According to our chartbooks, yields were in the double digits for those...I'll try to find out)
the old att still trades as a unit investment trust on the american exchange symbol atf
it had a three for one split easy to see how well it did cap gains plus dividends beat the s%p
current price times three current dividend times three
Posted by: thom | November 13, 2007 at 11:36 PM