1Stock1.com
VZ - Verizon Communications
| Amount Invested |
Date
|
# of Shares
Purchased
|
# of Shares on
12-31-11
|
Stock
Price on
12-31-11
|
Total Value on
12-31-11
|
|
$5,000
|
1-2-1985 |
62.6959
|
1778.8448
|
$40.12
|
$71,367.25
|
|
$5,000
|
1-2-1990 |
43.8596
|
471.6395
|
$40.12
|
$18,922.18
|
|
$5,000
|
1-3-1995 |
99.2556
|
413.9066
|
$40.12
|
$16,605.93
|
|
$5,000
|
1-3-2000 |
83.3333
|
142.7054
|
$40.12
|
$5,725.34
|
|
$5,000
|
1-3-2005 |
123.4873
|
177.1300
|
$40.12
|
$7,106.46
|
|
$5,000
|
1-4-2010 |
150.2404
|
168.6460
|
$40.12
|
$6,766.08
|
All calculations assume all dividends are reinvested to purchase additional shares. Taxes and commissions are not factored into calculations. Data is property of 1stock1 and written permission must be granted before redistributing any data (in part or in whole).
Verizon Communications (VZ) was formed in July of 2000 when Bell Atlantic and GTE merged. Before the merger, the company traded under Bell Atlantic (BEL). Also, in January of 2006 MCI was merged into Verizon (VZ). The overall return of Verizon for the past 20 years has been relatively poor in comparison to some of the other companies featured in the Stock Performance Guide. However, a $5,000 investment, in the company that would eventually become Verizon, in 1985 would have grown to over $71,000 by the end of 2011.
*In November of 2006, Idearc, Inc. (IAR) was spun off VZ shares
**Verizon shareholders received 1 share of IAR for every 20 shares of VZ they owned
*In March 2008, part of Verizon was spun off into Spinco and then Fairpoint Communications (FRP)
**Verizon shareholders received 1 share of FRP for every 53.0245 shares of VZ they owned
However, currently neither spinoff adds much value to the overall return of Verizon stock so they are not included in the overall Verizon returns.
*In 2010 Frontier Communications was spun off. Verizon shareholders received 1 share of (FTR) for each 4.165977 shares of (VZ). This spinoffs adds about $2,000 and $535 to the 1985 and 1990 investment respectively. The value added to the 1995, 2000, 2005, and 2010 are approximately $470, $162, $201, and $191 respectively.
