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Just look at Starbucks.
When the coffee company completed its initial public offering in 1992, it had165 stores all in North America.
A decade later, it boasted nearly 6,000 stores on three different continents.
Today its the worlds largest coffee brand withmore than 40,000 stores in more than 80 countries.
How Much Was Starbucks Stock in 1992?
AsMotley Foolreported, Starbucks 1992 IPO price was $17 a share.
The stock currently trades ataround $93.
When it splits six times, your number of shares doubles by a factor of six.
Here were the dividends paid in 2024:
What Does This Mean for Investors Today?
Long-term investors have obviously benefited from Starbucksrapid global expansion, but thats not the only reason.
Theyve also benefited from an innovative business model that has seen the company broaden its reach in numerous areas.
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