Mcdonald's Stock Price In 1970 | StatMuse Money (2024)

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Mcdonald's Stock Price In 1970 | StatMuse Money? ›

The closing price for McDonald's (MCD) in 1970 was $0.005, on December 31, 1970. It was up 6% for the year. The latest price is $258.11.

“If you had given your $1,000 investment into McDonald's a decade to grow, it would be worth about $3,270,” CNBC said. Looking at the stock in the long-term, experts say there is no real reason to sell McDonald's stock.

Founded in the 1940sby Richard and Maurice McDonald, the business has grown from a single hamburger restaurant in San Bernardino, California, to the world's largest restaurant chain by revenue. McDonald's IPO price in 1965 was $22.50 a share. By one estimate, 100 of those shares would be worth over $8 million nowadays.

The closing price for McDonald's (MCD) in July 1985 was $1.79, on July 31, 1985. It was down 3.5% for the month. The latest price is $272.38.

So, let's say you're able to invest $5 a day over a 40-year period. At an average annual 10% return, you're looking at accumulating about $797,000 -- and you'll have only put in $72,000 of your own money over that 40-year stretch. That could serve as a very nice nest egg for retirement.

But in order to be a millionaire via investing in 15 years, you'd only have to invest $43,000 per year (assuming a 6% real rate of return, which accounts for inflation). I know, I know – only $43,000 per year. No big deal. *From this point forward, the average real rate of return we'll be assuming is 6%.

McDonald stock (symbol: MCD) underwent a total of 9 stock splits. The most recent stock split occured on March 8th, 1999.

Entry to the NYSE

Later that year, Coca-Cola made its initial public offering (IPO) on the New York Stock Exchange (NYSE), for $40 per share.

Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Jpmorgan Chase & Co, Bank Of America Corp /de/, Geode Capital Management, Llc, Morgan Stanley, and Wellington Management ...

How much was Coca-Cola stock in 1980? ›

The closing price for Coca-Cola (KO) in 1980 was $0.21, on December 31, 1980. It was up 3.4% for the year.

Coca-Cola traded at $2.66 for every $1.00 in book value, with a dividend yield of 7.79%. This represented a 57% drop, excluding dividends, from the 1929 peak. AT&T traded at $0.64 for every $1.00 in book value, with a dividend yield of 10.34%. This represented an 82% drop, excluding dividends, from the 1929 peak.

McDonald's Corporate's initial public offering was April 21, 1965. Since going public in 1965, McDonald's has executed 12 stock splits.

One menu, which McDonald's told Nexstar dates back to the mid-to-late 1950s, shows only nine items available for sale, and most of them are drinks. At the time, a “pure beef hamburger” cost 15 cents, a “tempting cheeseburger” cost 19 cents, and “golden french fries” were 10 cents.

MCDONALD'S first ever restaurant opened its doors 77 years ago Monday — and now the fast food giant serves around 68 million customers every day. McDonald brothers Dick and Mac proudly opened up the fast food outlet in 1940 in San Bernardino, California, where they flogged hamburgers for just 15 cents, The Sun reports.

The Rule of 72 is focused on compounding interest that compounds annually. For simple interest, you'd simply divide 1 by the interest rate expressed as a decimal. If you had $100 with a 10 percent simple interest rate with no compounding, you'd divide 1 by 0.1, yielding a doubling rate of 10 years.

In order to hit your goal of $1 million in 10 years, SmartAsset's savings calculator estimates that you would need to save around $7,900 per month. This is if you're just putting your money into a high-yield savings account with an average annual percentage yield (APY) of 1.10%.

As this Annual Report indicates, 2008 was a banner year for McDonald's. Revenues increased to a record $23.5 billion …

An investment costs $1,000 and is sold after 1 year for $1,100. Dollar return: Percentage return: $ Received - $ Invested $1,100 - $1,000 = $100. $ Return/$ Invested $100/$1,000 = 0.10 = 10%.