VZ - Verizon Communications Stock Performance Guide

Amount Invested	Date	# of Shares Purchased	# of Shares on 12-30-22	Stock Price on 12-30-22	Total Value on 12-30-22
$5,000	1-2-1985	62.6959	2917.7902	$39.40	$114,960.93
$5,000	1-2-1990	43.8596	773.6173	$39.40	$30,480.52
$5,000	1-3-1995	99.2556	678.9196	$39.40	$26,749.43
$5,000	1-3-2000	83.3333	234.0758	$39.40	$9,2222.59
$5,000	1-3-2005	123.4873	290.5415	$39.40	$11,447.33
$5,000	1-4-2010	150.2404	276.6254	$39.40	$10,899.04
$5,000	1-2-2015	106.4736	153.7775	$39.40	$6,058.83
$5,000	1-2-2020	81.9001	94.1997	$39.40	$3,711.47

Verizon Communications (VZ) was formed in July of 2000 when Bell Atlantic and GTE merged. Before the merger, the company traded under Bell Atlantic (BEL). Also, in January of 2006 MCI was merged into Verizon (VZ). The overall return of Verizon for the past 30 years has been relatively poor in comparison to some of the other companies featured in the Stock Performance Guide. However, a $5,000 investment, in the company that would eventually become Verizon in 1985, would have grown to nearly $115,000 by the end of 2022.

*In November of 2006, Idearc, Inc. (IAR) was spun off VZ shares
**Verizon shareholders received 1 share of IAR for every 20 shares of VZ they owned

*In March 2008, part of Verizon was spun off into Spinco and then Fairpoint Communications (FRP)
**Verizon shareholders received 1 share of FRP for every 53.0245 shares of VZ they owned

However, currently neither spinoff adds much value to the overall return of Verizon stock so they are not included in the overall Verizon returns.

*In 2010 Frontier Communications was spun off. Verizon shareholders received 1 share of (FTR) for each 4.165977 shares of (VZ). Unfortunately, Frontier Communications filed for bankruptcy. As a result, it adds no value to any Verizon investments.

All calculations assume all dividends are reinvested to purchase additional shares. Taxes and commissions are not factored into calculations. Data is property of 1stock1 and written permission must be granted before redistributing any data (in part or in whole).