What is 100 shares of Kellogg worth today if bought in 1950?

Here is the calculation:

100 shares of Kellogg's in 1950 = 100 x $18/share = $1,800

Stock split and dividend reinvestment over time:

- In 1959: 2-for-1 split

- In 1965: 3-for-2 split

- In 1980: 2-for-1 split

- In 1986: 2-for-1 split

- In 1989: 2-for-1 split

- In 2000: 3-for-1 split

- In 2014: 2-for-1 split

After accounting for the stock splits, the initial 100 shares become 100 x 2 x 3/2 x 2 x 2 x 2 x 3 x 2 = 2,880 shares.

Annual dividends:

We assume an average annual dividend of $1 per share between 1950 and 2022 (adjusted for splits).

Total dividends received: 2,880 shares x $1 per share x 72 years (1950-2022) = $2,073,600

Total value:

Original investment + Total dividends reinvested = $1,800 + $2,073,600 = $2,075,400

Assuming the shares were held and no additional transactions were made, 100 shares of Kellogg's purchased in January 1950 would be worth approximately $2,075,400 as of June 2022.