
Ticker History 🗞
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Ticker History 🗞
@TickerHistory
Every stock has a story 🗞️ Shop 1,000s of original Wall Street Collectables. https://t.co/ChJcahZTmY















Imagine you're an investor in 1610. You and your boys are proud owners of Dutch East India Co. stock, which was granted a monopoly on all Dutch trade in Asia by the government. Bullish. And yet, even after raking in profits since its 1602 IPO, the company refuses to pay a dividend. Stingy. The first activist investor, Isaac Le Maire, starts publicly calling out management for enriching themselves at shareholders' expense and shorts the stock. As momentum builds, management finally agrees to pay out dividends to shareholders. Nice! There's just one catch... It was paid out in spices. Not cash. Shareholders received "mace at a value of 75% of the nominal capital". That's right, the first dividend in history was paid in spices. How far we've come!






