by pfloyd234 on November 22nd, 2008

pfloyd234

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What are the only companies that have been on the Dow Jones Industrial Average Index since the day of its inception?

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  • by Radu on November 23rd, 2008

    Radu

    No stocks have been in DOW Jones since its inception. See more details at Wikipedia, entry for "Dow Jones Industrial Average"

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  • by pfloyd234 on November 28th, 2008

    pfloyd234

    It's kind of a trick question. Radu is pretty much right but I will get more specific. The Dow Jones Industrial Average was first published on May 26, 1896, and represented the average of twelve stocks from important American industries. Of those original twelve, only General Electric remains part of the index. But I asked which companies have been on the Index from the beginning until the end. The answer is none. Even though General Electric was on the original Index and is on the Index now they have not been on the DJIA since its inception. They were taken off the Index from 1898-1899 and 1901-1907. For a history of all the companies that have been on the list since its inception there is a great PDF file to look at. Go to http://www.djindexes.com/mdsidx/?event=showAverages and at the top of the website there is a file that you can download that is called "Dow Jones Industrial Average Historical Component Lists". Just click on that link. It is fun reading. Enjoy.

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