You must click the activation link in order to complete your subscription. Caterpillar has paid a cash dividend every year since the company was formed and has paid a quarterly dividend since 1933. Caterpillar has paid higher annual dividends to shareholders for 28 consecutive years and is recognized as a member of the S&P 500 Dividend Aristocrat Index. For our Energy & Transportation reportable segment, we are providing retail sales information by major end use. While it is hard to gauge how accurate the numbers given by the show were, we know Nike had its IPO in December 1980, debuting at $22 per share. Since then, Nike stock has split a total of seven times on a 2-for-1 basis each time.
That means someone who purchased just one share at the time of Nike’s IPO would own 128 shares today. Nike’s closing price on Wednesday was $127.49, meaning that the one IPO share would be worth over $16,300 . It is also probably safe to say that Johnson would have owned a whole lot more than one share of Nike if he had accepted its offer back then. The information presented in this report is primarily based on unaudited reports that are voluntarily provided to Caterpillar by its independent dealers and which are not subject to Caterpillar’s internal controls over financial reporting. Accordingly, the data collected from such third parties may not be accurate and/or complete.
Caterpillar does not undertake to update or adjust prior period information. Johnson, who now has an estimated net worth of over $600 million, has also succeeded with many other business ventures. Now 62, Johnson has made sure to pass on his business acumen to the next generation of NBA stars as well. Johnson’s infamous https://xcritical.com/ decision was depicted during a recent episode of HBO’s “Winning Time.” The Basketball Hall of Famer, who is being portrayed by actor Quincy Isaiah, was shown meeting with Nike co-founder Phil Knight. In the episode, Knight offered Johnson $100,000 in Nike stock options as well as a $1 royalty for every shoe sold.
The show ran a graphic estimating that Johnson cost himself $5.2 billion by turning down that offer. By providing your email address below, you are providing consent to Caterpillar to send you the requested Investor Email Alert updates. Granted, it is tough to fault Johnson for his choice as he was just a teenager at the time.
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Caterpillar Inc. (“Caterpillar”, “we” or “our”) is furnishing supplemental information concerning retail sales of machines to end users and retail sales of power systems to end users and Original Equipment Manufacturers (“OEMs”). Caterpillar sells the majority of its machinery and power systems to independently owned and operated dealers and OEMs to meet the demands of their customers, the end users. During a promotional appearance this week for McDonald’s, the retired Los Angeles Lakers great shared his one enormous business regret — choosing to sign with Converse over Nike in 1979. Johnson had been offered options in Nike stock to sign with them but chose the cash that was being offered to him by Converse instead. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. After submitting your request, you will receive an activation email to the requested email address.
Converse was the big dog on the porch during those days, and even Jordan was seen as taking a risk when he signed with Nike five years later in 1984. Johnson also got to star in some memorable Converse commercials nike buy or sell with Larry Bird and other NBA stars. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices.