Uni lever shares

by Christopher Holliday
(Perth Australia )

If I had 4000 unilever shares in 2002 adjusting for the 20/9 share restructure and taking into account I re invested my dividends into new shares as a DRIP with unilever how many shares roughly would I now own??

Comments for Uni lever shares

Average Rating starstarstarstarstar

Click here to add your own comments

Jun 11, 2019
Rating
starstarstarstarstar
Unilever Shares
by: Mike

Hello Christopher,

Back in 2006, Unilever did a 9 for 20 consolidation. If you owned 4,000 shares before this consolidation (as you would have if you have owned from 2002) then you'd now own 1800 shares. However, you've asked about dividends reinvested as well.

Unilever has been a consistent dividend payer (and raiser of dividends) throughout this period. I have gone back to 2002 and looked at their dividend history and worked out how many shares you would have purchased through a dividend reinvestment program. The answer is you would have almost doubled your holding as you would have purchased around another 1600 shares. This would mean you would now have around 3,400 shares.

Please remember that this is very much an approximation as it does not include the costs of the DRIP (including stamp duty) and execution levels can vary. A small difference in the early years can magnify enormously in later years.

That said, there is no doubt that you would have done very well through the years. Between 2002 and today (June 2019), your total returns with dividends reinvested should be close to 800% which equates to more than 12% annualised. Even without reinvesting dividends, your returns would be over 8% annualised.

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Ask Mike a question.


Mike - six-figure dividend earner

Got a BURNING dividend question for 6-figure dividend earner Mike Roberts?

What is it that you really want to know about investing?
Submit a query and Mike will write a page in response.

PLEASE NOTE - in accordance with our terms of use, responses are meant for education / interest only. We do not give specific financial advice.

[ ? ]

Author Information (optional)

To receive credit as the author, enter your information below.

(first or full name)

(e.g., City, State, Country)

Submit Your Contribution

  •  submission guidelines.


(You can preview and edit on the next page)