- Total dividends cumulatively for first three years of business was 300%. - Imagine a startup...a car startup nonetheless...paying that out in first 3 years. Pretty nuts.
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Pretty amazing: - The Ford Motor Company launched in 1903 with $28k in investment ($800k today) - Company was immediately profitable, making $37,000 in profit in 1903 - They paid a 40% dividend that year to investors. - They paid more dividends next 2 years
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Your insight and research really is phenomenal
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I'd imagine that the overwhelming majority in 1903 felt hesitant to move from the reliable horse and buggy, to a motor. Hence, making it a riskier profile back then. Sounds familiar
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That’s insane!
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And pretty cool at the same time!
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