Oldest stock still traded

Oldest stock still traded

Posted: darkdw Date: 19.07.2017

It is also one of the oldest stock markets in the world. Founded on March 8, , this stock exchange today lists about companies as of Feb, Along the years, it has had its fair share of controversies and is now wholly owned by Intercontinental Exchange.

It comes as no surprise that some of the longest-trading stocks and securities in the world are listed on the NYSE. Numerous American companies, more than a years old, have survived through the years and continue to offer their stocks on the NYSE. Being home to some of the oldest stocks in the world, this stock exchange offers plenty of choice for those looking to find safe investment options.

This financial services company was founded in by Alexander Hamilton, a founding father of America.

oldest stock still traded

It was the first company to be publicly traded on the New York Stock Exchange. In , the Bank of New York merged with Mellon Financial to become Bank of New York Mellon NYSE: One of the largest investor-owned energy companies in the USA, Consolidated Edison NYSE: ED was originally known as the the New York Gas Light Company. This company was first listed on the NYSE in , and soon merged with five other gas companies to form the Consolidated Gas Company.

Originally introduced as a patent medicine in the late 19th century, Coca Cola NYSE: KO was bought by Asa Griggs Candler, who made his fortune selling the famous soft drink. Pfizer stock chart by Amigobulls. One of the oldest pharmaceutical companies in the world, Pfizer NYSE: PFE was established way back in In , Pfizer filed for an official certification of incorporation in the state of New York.

oldest stock still traded

Pfizer finally went public on June 22, , when , shares of a common stock were put up for sale. This financial self-service, security and services corporation is known to be the largest U. Founded in , Diebold NYSE: DBD was incorporated in under the state laws of Ohio. Diebold stock began trading publicly in the s, and the company was finally listed on the NYSE on April 27, Over the last 25 years, Diebold has been increasing its dividend payouts—at present, it offers a dividend yield of 3.

PG decided to go public for the first time. JNJ stock chart by Amigobulls. Co-founded by the three Johnson brothers in , this company has gone on to become a multinational manufacturer of medical devices, pharmaceuticals, and consumer packaged goods. JNJ went public for the first time, and relinquished its position as a private company.

In , this conglomerate was made of 31 different companies, with 17 of them being outside the USA. Almost everybody knows this company as IBM NYSE: The Computing-Tabulating-Recording Company finally changed its name to the International Business Machines Corporation in This conglomerate holding company can trace its roots back to , when the Valley Falls Company was first founded in Rhode Island.

In , the Valley Falls Company merged with Berkshire Cotton Manufacturing Company to form the Berkshire Fine Spinning Associates. Soon, the Oracle of Omaha took charge of the company and set it upon a different course by foraying into the insurance sector. Moreover, the stock market prices of this company have nearly doubled in a decade. Abbott began to manufacture alkaloidal pills and subsequently, incorporated his firm as Abbott Alkaloidal Company in In , the company changed its name to Abbott Laboratories NYSE: ABT and in , it went public with a listing on the Chicago Stock Exchange.

Over the past 25 years, this company has increasingly been raising its dividend payouts, and its current dividend yield is 2. Founded by William Keith Kellogg in , Kellogg NYSE: K was originally called the Battle Creek Toasted Corn Flake Company.

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After being renamed twice over the next few years, it was finally incorporated as the Kellogg Company on December 14, After consecutively rejecting buyout offers, the Kellogg Company expanded into Canada, Australia, and the United Kingdom by Ever since March 20, , the Kellogg Company has been publicly traded on the NYSE.

Its stock has been split thrice over the ages. Ford stock chart by Amigobulls. Brainchild of the famous Henry Ford, Ford NYSE: F was originally incorporated on June 16, When Ford went public on January 17, , It offers a dividend yield of 3.

Xerox stock chart by Amigobulls. This American multinational company was initially called the Haloid Company, and was founded in The Haloid Company first went public on April 17, , and consequently, changed its name to Haloid Xerox Inc. The company, after finally being renamed as Xerox NYSE: XRX , was listed on the NYSE on July 11, The largest manufacturer of chocolates in North America, Hershey NYSE: HSY has a rich history.

Founded by Milton S. Hershey in as the Hershey Chocolate Company, it was incorporated as a public company under the state laws of Delaware on October 24, It has since acquired a number of other companies, and generates massive revenues in present times.

This company currently offers a dividend yield of 2.

oldest stock still traded

Macys stock chart by Amigobulls. This mid-range chain of department stores was once called R. Initially founded by Rowland H. M first went public in , after which, it subsequently started opening regional stores to takeover competing retailers. The views expressed in the article are of individual authors and are not necessarily supported by Amigobulls.

We do not hold any stake in the aforesaid stocks. Please read our detailed disclaimer. This post has been submitted by an independent external contributor. This author may or may not hold any positions in the stocks discussed.

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